The Joint Admissions and Matriculation Board (JAMB) will soon commence the building of an ultramodern headquarters at the Central Business District, CBD, of the Federal Capital Territory, FCT, Abuja.
According to the Vanguard, the Director, Finance and Administration, Mufutau Bello, who represented the Board at the ongoing investigative hearing by the House of Representatives Committee on Public Accounts on revenue generation by the Ministries, Departments and Agencies MDAs of government, made the disclosure recently.
The hearing was necessitated by a query of the Auditor General of the Federation to the MDAs.
According to Bello, the Board has been saving N2 billion annually since 2018 to help realize the project.
His words, “We are proposing to move our central headquarters to the central area (of Abuja). We have a plan of over N6 billion but since we don’t collect subvention from the government for our overhead and capital, so every year from 2018 we have been setting aside N2 billion because our target is N6 billion to be able to acquire our headquarters in the central area.
“The money is in our TSA, we had a challenge in 2020 because of COVID, so we could not realize our budget. So far we have realized about 5.5 billion.”
Recall that the JAMB currently has its headquarters in the Bwari Area Council of the FCT.