Reps threaten to order deductions of billions from JAMB

House of Representatives has threatened to deduct from source, several billions of Naira from the allocations of the Joint Admission and Matriculation Board as a result of improper remittances to the Consolidated Revenue Fund of the federation.

The House also directed the management of Mobile Telecommunication Nigeria, MTN, to furnish the house evidence of tax remittances to the government since the beginning of its operations in Nigeria.

Chairman of the House Committee on Finance, James Faleke, who spoke at the resume investigative sitting of remittances to the Consolidated Revenue Fund, said the examination body failed to make proper remittances to the government coffer between 2011 and 2015.

Faleke said records before the committee showed that JAMB has failed to remit anything as it claimed that it was running at a loss, adding that the body must inform the House on how the organization gets money to run its operations in the year 2015.

Representative of the JAMB Registrar, Muftau Bello said when the present JAMB management came on board, they started remitting funds without defaulting, adding that they even overpaid the amount due in 2017 by over a billion Naira.

The House, however, placed the agency on Status Enquiry to ascertain the billions owed to the federal government by JAMB from 2011 to 2015, warning that the committee may direct the Ministry of Finance to deduct all the monies owed by JAMB from the source.