A total of 1,121,564 candidates seeking admission into Nigeria’s tertiary institutions have so far registered for the 2020 Unified Tertiary Matriculation Examinations (UTME) and Direct Entry (DE) exercise.
This is according to the Joint Admissions and Matriculation Board (JAMB), which also said it had generated N5,615,803,467.00 revenue from the sales of registration forms for the 2020 exams.
The UTME is expected to hold between 14th March and 4th April at designated Computer-Based Test centres across the country.
EduCeleb.com understands the the registration process for the 2020 UTME began nationwide on 13th January and will end on 17th February.
JAMB’s Head of Information, Dr Fabian Benjamin, said the board would not extend the registration, which ends in two weeks time.
Money JAMB generated through UTME registration
A look at the public figures in the weekly bulletins of JAMB in January gives insight into how much money it has so far generated through the registration.
The board showed that between 10th and 16th January, it generated N1,937,236,837.00 in the first week when the sales of registration forms opened to UTME applicants.
A breakdown of the figures showed that the board generated N1,823,706,310.00 from selling e-registration pins, N107,876,720.00 from e-facility/sales and N5,653,807.00 from Computer-Based Test Centre (CBTC) service charges, totalling N1,937,236,837.00.
Between 17th and 23rd January, the figures showed that the board generated N2,272,681,643:00 revenue from sales of registration instruments for the examination.
Furthermore, the publication indicated that the board generated N2,122,400,000:00 from the sales of e-registration pin, N128,816,602:00 from e-facility sales and N21,465,041:00 from CBT centre service charges, totalling N2,272,681,643:00.
Between 25th and 31st January, it generated N1,291,480,400 from sales of e-registration pin, N95,327,572.00 from sales of e-facility and N19,077,015.00 from CBT centre service charges, totalling N1,405,884,987.00.
Recall that in 2019, the board disclosed that it generated N5 billion from the conduct of that year’s UTME but remitted N3 billion to the coffers of the Federal Government after the government asked it to take N2 billion to enhance its operations.
Its highest remittance was in 2018 when it remitted N7.8 billion revenue it generated from the conduct of the year’s UTME to government coffers.
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