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House Orders JAMB to Remit N3.6 Billion to Federal Government in 30 Days

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The House of Representatives has directed the Joint Admission and Matriculation Board (JAMB) to remit a sum of N3.602 billion to the Federal Government’s Consolidated Revenue Fund (CRF).

This order was issued during an investigative hearing held in Abuja, led by Rep. Bamidele Salam, Chairman of the House Public Accounts Committee.

Salam clarified that this remittance is not open to any personal interpretation, but rather a clear-cut legal obligation.

He noted that the issue at hand had nothing to do with the difference between a 25 percent or 50 percent revenue remittance, as was being argued by JAMB.

Rather, it was a matter of adhering to established laws and financial regulations governing public institutions.

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The committee, in a unanimous decision, instructed JAMB to remit the outstanding N3.602 billion to the Fiscal Responsibility Commission (FRC) and provide documented proof of the remittance within a 30-day window.

This decision comes after the FRC brought JAMB before the committee, alleging that the board had failed to remit its operating surplus in full.

Mr. Bello Aliyu, a representative of the FRC, provided insight into the financial discrepancies.

He explained that as of 2021, based on the report submitted to the committee, JAMB’s liabilities stood at N390.725 million.

However, after receiving JAMB’s 2022 audited financial statement, the FRC recalculated the liabilities, which have since increased to N3.602 billion.

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Aliyu mentioned that the FRC had formally notified JAMB about the updated liability through a letter dated March 14, followed by a reminder issued on August 31.

Despite these correspondences, he disclosed that the FRC had not received any response from JAMB regarding the matter.

Addressing these allegations, JAMB’s Director of Finance and Administration, Mr. Mufutau Bello, responded by shedding light on the board’s perspective.

According to Bello, the crux of the issue lies in the difference in remittance figures.

He explained that the FRC had been pushing for JAMB to remit 50 percent of its revenue to the government, while the board had been consistently remitting 25 percent, as per a concession granted by the Office of the Accountant-General.

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Bello pointed out that in 2019, JAMB’s dedication to revenue remittance led the Federal Government to reduce the cost of its registration fee from N5,000 to N3,500, a move that was designed to benefit all Nigerians.

He emphasized that JAMB had not increased any of its charges over the last eight years, and had in fact reduced them, leading to a decrease in its revenue base.

“We have consistently followed the 25 percent remittance policy year after year, and this has been done in line with our role in the education sector,” Bello stated.

He argued that, based on the 25 percent remittance rate, JAMB has actually over-remitted its surplus over the years.

The board has always operated under the assumption that the 25 percent rate, as approved by the Accountant-General, was the correct standard to follow.

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However, the FRC is now pushing for JAMB to remit 50 percent of its revenue, a significant increase from the previous rate.

This, according to Bello, is the core of the disagreement between the two agencies.

Bello further stressed that if the committee were to assess JAMB’s remittance based on the 25 percent rate, the board has been more than compliant and has fulfilled its financial obligations.

“We’ve done our part in supporting the government’s efforts by keeping our fees low while adhering to the 25 percent rule,” he said.

The hearing concluded with the committee reaffirming its directive for JAMB to remit the N3.602 billion as calculated by the FRC and to provide evidence of the payment within 30 days.

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This ongoing investigation highlights the complexities of revenue remittance among government agencies and the need for clarity in financial regulations.


 

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Manchester United Reveals Plans for a £2 Billion Stadium with Modern Design

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Manchester United has unveiled ambitious plans for a new £2 billion stadium, aiming to set a new benchmark in football infrastructure. The proposed 100,000-seat venue is designed by renowned architect Lord Norman Foster, known for iconic projects like London’s Wembley Stadium.

The stadium’s design features a vast umbrella-like structure that harvests energy and rainwater, symbolizing Manchester’s industrial heritage.

The exterior will be adorned with tensile fabric and triple masts inspired by the club’s logo, reflecting the city’s weather and urban spirit. The development includes a public plaza twice the size of Trafalgar Square, aiming to create a vibrant community space.

Planned adjacent to the current Old Trafford site, the new stadium aims to ensure continuity for fans and minimize disruption during construction.

However, the project faces logistical challenges, including the potential relocation of a rail terminal. Securing necessary approvals and integrating the stadium into the existing urban fabric will require careful planning.

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Funding the £2 billion project presents significant challenges. Manchester United’s current debt levels raise questions about financing the stadium without compromising financial stability. Government support may be crucial to realize this vision, but the financial implications are complex and require thorough assessment.


 

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VeryDarkMan’s Lawyer Calls Mercy Chinwo’s N1.1 Billion Defamation Suit a Joke

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Deji Adeyanju, the lawyer representing social media critic Martins Vincent Otse, also known as VeryDarkMan, has dismissed gospel singer Mercy Chinwo’s defamation suit against his client as “a complete joke.”

A Magistrate Court in Wuse Zone 6, Abuja, recently issued a bench warrant for VeryDarkMan’s arrest on March 13, 2025, after he failed to appear in court over allegations of defaming Chinwo. The summons was initially issued on March 5, 2025.

Chinwo has also filed a lawsuit at the High Court of the Federal Capital Territory, Abuja, demanding N1.1 billion in damages. The lawsuit stems from allegations that VeryDarkMan made defamatory statements on social media, accusing Chinwo of being involved in a contract dispute and the mismanagement of $345,000 tied to her former record label boss, Ezekiel Onyedikachukwu (Eezee Tee).

Speaking in an interview with AIT, Adeyanju brushed off the lawsuit, questioning the basis for such a huge claim. “Pay N1.1 billion for what? Over what? This isn’t a court of law, so I won’t discuss our strategy here. We have no comment — it’s nothing serious, just a joke,” he said.

Meanwhile, VeryDarkMan, who is currently outside the country, has challenged security agencies to arrest him at the airport when he returns to Nigeria. He confidently stated that he was no stranger to being arrested.

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Sowore Criticizes Northern Leaders for Shutting Schools Down During Ramadan

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Omoyele Sowore has criticized northern leaders for shutting down schools to allow children to participate in Ramadan fasting. The decision, implemented in Bauchi, Katsina, Kebbi, and Kano States, has caused criticism from many Nigerians.

Sowore, a well-known Nigerian activist, accused the leaders of hypocrisy, claiming that their children are not affected by the policy since they attend expensive private schools in Abuja or study abroad.

In a statement on his Facebook page, Sowore condemned the move, saying, “Those who decided to shut down schools for Ramadan fasting don’t have their children in these struggling public schools.

Their kids attend top private schools or study overseas, funded by resources meant to support underprivileged students in these poorly maintained schools, which remain open during Ramadan. These leaders are irresponsible and unfair.”


 

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