Cashless Policy Is On — JAMB

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Ahead of the 2024 UTME registration exercise billed to start on 15th January, 2024 nationwide, the Joint Admissions and Matriculation Board (JAMB) has warned against cash transactions, saying its cashless regime is on even as it consolidates on its gains.

The Registrar, Prof. Is-haq Oloyede, stated this during his interaction with some critical Stakeholders  across the federation. The Registrar stated that the cashless policy, which was instituted in the 2023  UTME/DE exercise, would also be used   for the 2024 UTME/DE registration process as it had proved to be a veritable tool for the prevention of extortion and warehousing of candidates by unscrupulous CBT centres.

According to him, the process entails the Board collecting all approved charges on behalf of the centres and remitting same to them on a weekly basis. Consequently, candidates would only walk to any CBT centre to transact their business without needing to pay any other charges other than the ones they had paid to the Board.

While stating the enormous gains of the cashless regime, the Registrar disclosed that the Board had hitherto borne the resulting bank charges to keep the application fees low.

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