By Grace Udofia
The Joint Admission and Matriculation Board (JAMB) says it spent over N218 million in carrying out various activities in the first week of October, 2021.
The examination body made this known in a summary of cash inflow and out flow published in its weekly bulletin published on October 11.
JAMB revealed that it spent a total of N218,683,082 on travels/tours, taxes, outsourced services amongst others, while it had a total of N172,067,114 financial inflow from various charges.
Particularly, the report put total expenditure on various staff claims at N56,812,41 with supervision of examination by third party at N10,502,520 and taxes by the Federal Inland Revenue Service (FIRS) at 86,532,367.
In addition, total amount of money spent on the supply of computer consumables according to JAMB, was 40,626,319, while flight ticket expenditure for the week amounted to 2,294900.
On the other hand, the cost of refreshment for the week was published at N803,05, while outsourced services by agency service, a total of N19,01500 was spent.
Further breakdown of its expenditure revealed that N19, 500 was spent on car maintenance while flight tickets gulped a total of N1,963,195 as well as Remita financial charges which had a total of N34,808.
For its financial inflow, it revealed that proceeds from E-facilities/Sales was a total of N140,928,936 while what it described PRC Service Charge increased it revenue by N1,909,675.
It also got an additional N508’339 from 2021 Late Registration and for Consultancy Services, a total of N28,720,164, bringing its total inflow for the week to N172,067,114.