The joint admissions committee has again pledged N2 billion as a reserve surplus for the 2023 financial year, with more surpluses as the year’s operations conclude, the board said in a statement issued on Thursday.
According to the speaker, Dr. Fabian Benjamin, on behalf of the Board of Directors, said the mandate underscores the commitment of the management team, led by Prof. Ishak Oroede, to manage the work of the Board with the obligation to use technology and discipline. It was recommended to be fulfilled.
Since taking office, the management team led by Prof. Ishak Oloede has transferred more than N55 billion to the Federal Treasury. This is well above the less than 60 million naira that the board remitted in the 38 years before Professor Oloede’s appointment.
This is on top of recovering more than Naira 1.2 billion in cash and property in parts of Abuja in 2016.
In a further development, the Council expressed its determination to pursue efforts to reposition public testing in Nigeria.
In a statement issued at the end of the Trustees’ meeting to assess the recent crises in the implementation of the 2023 direct entry registration, the Board noted that the apparent crises were newly introduced to contain violations. explained that it arose from the implementation of part of the process Within the approval value chain, given the characteristics of our country.
Another major policy change also to be implemented by the Board to holistically address all loopholes giving rise to abuses in the Direct Entry admission processes is that all DE candidates, which comprise those seeking to be in year two in the universities, would henceforth be required to sit the Unified Tertiary Matriculation Examination along with other candidates for them to justify the possession of their A’level certificates.