The Registrar of Joint Admission and Matriculation Board(JAMB), Prof Ishaq Oloyede, has expressed shock that the board could generate as much as N9bn into the coffers of the federal government.
This he said was even against the expectation of the former Minister of Finance, Mrs. Kemi Adeosun, who had projected that the examination body should be able to generate at least half a billion naira to the federal government.
The JAMB Registrar disclosed this while delivering the 10th convocation lecture of the Tai Solarin University of Education (TASUED), Ijagun, Ogun State, with the lecture titled: “For Whom Much Is Expected, Enough Should Be Given: Making A Case For Nigerian Teacher,” .
Oloyede, who identified corruption as one strong impediment to having sufficient resources to move the country forward said: “In terms of corruption I have seen how very wicked we are against one another in this country. I don’t even respect many people with big cars because I have information about them.
“After my appointment, the Minister of Education called me and said from information available you should be able to generate N500M for the federal government.
“The former Minister for Finance, Mrs Kemi Adeosun who is also from Ogun State also called me and said your office should be able to give us N300M or N200M. I was really wondering how this was going to work given the past record of JAMB.
“I am however surprised that JAMB had N9bn left for the federal government. In fact, I could not sleep, I will again go and check to ensure there were no error anywhere. Look at what this huge amount will do to our economy.”
The former University of Ilorin vice chancellor said that he was of the strongest view that the ongoing fight against corruption must be sustained and supported by all Nigerians to get things working again in the country.
He was also of the opinion that if sustained, the war against corruption and corrupt practices could free Nigeria’s resources for rapid investment and development.
While lamenting that teachers in the country were the worst paid in the world, the don urged government at all levels to address this deficiency for greater efficiency and productivity, saying, that no country rises above its investment in education.
“Education is everything as without it there is nothing. It appears evident that we may continue to drift on uncharted seas as long as society pay pittance to its moulders, the teachers. It is high time we paid attention to the goose that lay the golden eggs because for whom much is expected, enough should also be given”.