The chairman of the Senate Committee on Finance, Senator Sani Musa, on Wednesday said that the alleged misappropriation of funds, amounting to a whopping sum of N1.1 billion and N850 million by the Registrar of the Joint Admissions and Matriculation Board, JAMB, was a misrepresentation of facts in the media.
He said that the report was not an accurate reflection of the position of the Senate Committee on Finance, which he chaired, during the appearance of the registrar and officials of the examination body on Monday for the 2025 budget defence.
In a statement issued and made available to National Assembly correspondents in Abuja, he said that the line items in the report provided by JAMB were interrogated and found to be fully compliant, stating that it is a parliamentary rule for heads of government agencies to explain their budget performance before seeking fresh appropriation.
Part of the statement read: “For the purpose of clarity, the comprehensive report provided by JAMB indicates that the line items mentioned during Monday’s hearing on revenue do not suggest any mismanagement or misuse of the board’s funds.
“The Registrar, Professor Ishaq Oloyede, deserves commendation for demonstrating financial discipline and accountability in managing the Board’s resources effectively. This level of stewardship serves as a model for public institutions across the nation.
“On the contrary, the report highlights the responsible and prudent use of resources under the leadership of the registrar.”
