Joint Administration and Matriculation Board (JAMB) has proposed to construct a brand new headquarter in Abuja with a sum of six billion naira.
The examination physique revealed that the brand new headquarters will probably be constructed on the centre of Abuja when it appeared earlier than the Public Accounts Committee of the Federal House of Representatives.
Mufutau Bello, the Director of Finance and Accounts appeared on behalf of the examination physique earlier than the Decrease chamber.
Bello stated, “now we have been saving ₦2 billion yearly since 2018 to boost the cash to start out the constructing.
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“We’ve got saved as much as ₦5.5 Billion up to now, the COVID-19 pandemic affected our internally generated income final yr, 2020.
“We proposed to maneuver our central headquarter from Bwari space to centre of Abuja. Since we don’t obtain subvention from the federal government for our overhead and capital, we agreed to put aside ₦2 billion yearly as a result of our funds is ₦6 billion to maneuver our headquarter to Central space.
“The cash is stored in our in our TSA”.
The Chairman of the committee, Home of Representatives on Public Accounts Committee, Hon. Oluwole Oke stated it’s unwise to maintain such an quantity idle with out investing it.