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The House of Representatives has ordered the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion to the Federal Government Consolidated Revenue Fund (CRF).
Bamidele Salam, the Chairman of the Public Accounts Committee, issued the order during an investigative hearing in Abuja, stating that the remittance is not open to personal interpretation.
He said that it was a matter of law or regulation, and had nothing to do with the difference between the 25 percent and 50 percent as argued by JAMB.
The Committee unanimously ordered that JAMB should pay the sum to the Fiscal Responsibility Commission, FRC, and provide evidence of the remittance within 30 days.
Recall that the FRC had brought JAMB before the committee regarding unremitted operating surplus.
