JAMB: Report of N1.1bn, N850m fraud by Registrar misrepresented, Senate clarifies

Nigerian Senate has stated on Wednesday that report of N1.1 billion meals and entertainment and N850 million spent on security and mosquito insecticide in the aftermath of Monday’s budget defence was misrepresented in the media.

Reacting in a statement on Wednesday in Abuja, the Senate Committee Chairman on Finance, Senator Sani Musa stated that the comprehensive report of the Registrar of Joint Admissions and Matriculation Board, Is-hag Oloyede was in compliance with the standard set for public accountability and the line of items as contained in the report was never in breach of public accounts.

The lawmaker said, it was a legislative standard for heads of government agencies to explain their previous year’s budget performance before seeking approval of fresh appropriation, hence, the line of items as contained in the JAMB’s report was in order.

The statement averred: “For the purpose of clarity, the comprehensive report provided by JAMB indicates that the line items mentioned during Monday’s hearing on revenue do not suggest any mismanagement or misuse of the Board’s funds.

“On the contrary, the report highlights the responsible and prudent use of resources under the leadership of the Registrar.

“The Registrar Professor Is-haq Oloyede, deserves commendation for demonstrating financial discipline and accountability in managing the Board’s resources effectively. This level of stewardship serves as a model for public institutions across the nation.”

CAPITAL POST recalled that the Registrar of the Joint Admissions and Matriculation Board appeared before the Senate Committee on Finance for their budget defence on Monday.