While the rich barely pay tax and while legislators earn millions of Naira jumbo salaries, the Nigerian State extracted from admission seeking jobless youths N20 billion, Registrar, Joint Admissions and Matriculation Board, Prof. Ishaq Oloyede, has disclosed.
Prof. Oloyede said the gigantic sum was generated from University and Tertiary Matriculation Examinations between 2016 and 2019.
He made the disclosure during a two-day meeting with Computer Based Test Centre Operators, State Coordinators of the Board, Financial Institutions and Internet Service Providers on Thursday in Zaria, Kaduna State, the News Agency of Nigeria reports.
Oloyede urged CBT centre operators not to worry about their investments while transacting business with the board as long as they were doing their work in accordance with the agreed registration and examination guidelines.
“You have nothing to fear and you should know that, if you put your investments together, it can’t be up to N20bn and we have accrued N20bn in three years as an agency.
“As an agency of government, we have to ensure that small and medium scale businesses thrive and if you multiply 11 staff by 700, you will know better.
“We are also adding value to the economy and job creation out of your employment market and we will continue to support you once you are doing your work well,” he assured.
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