Exciting News: JAMB Rewards Excellence with N1.875 Billion Boost to Tertiary
Exciting News: JAMB Rewards Excellence with N1.875 Billion Boost to Tertiary Institutions!
Great news for Nigerian education! The Joint Admissions and Matriculation Board (JAMB) has just announced an incredible initiative that’s causing waves of excitement across the country. In a move that’s sure to put smiles on many faces, JAMB is distributing a whopping N1.875 billion to deserving tertiary institutions. Let’s dive into this fantastic development!
What’s the Buzz About?
JAMB, the body responsible for conducting entrance examinations into Nigeria’s higher education institutions, has decided to give back in a big way. They’re rewarding excellence and hard work by providing substantial financial support to top-performing institutions.
Breaking Down the Numbers
The N1.875 billion fund is being shared among various categories of institutions:
- Five universities are receiving N250 million each
- Two colleges of education are getting N100 million each
- Two polytechnics are being awarded N100 million each
This generous distribution is set to make a significant impact on Nigeria’s educational landscape.
Why This Matters
This initiative by JAMB is more than just a financial boost. It’s a game-changer for several reasons:
- Encourages Excellence: It motivates institutions to strive for higher standards in education delivery.
- Improves Infrastructure: The funds can be used to upgrade facilities and enhance learning environments.
- Boosts Research: More resources for cutting-edge research and development in various fields.
- Enhances Student Experience: Better-funded institutions can provide improved services and support to students.
What’s Next?
As the news spreads, we can expect:
- Increased competition among institutions to excel and qualify for future rewards
- Improved educational standards across the board
- Greater investment in student-focused initiatives
Per JAMB’s latest bulletin released on Tuesday, July 23, the recognition ensued at JAMB’s 2024 policy meeting held recently in Abuja. JAMB’s registrar, Prof. Oloyede, listed the other categories as the most-improved institution in the intake of female students and the most-compliant institution in keeping within the guidelines, rules, and regulations of admissions. Prof. Oloyede, in his remarks on the occasion, stated that the board would continue to support excellence in the nation’s tertiary institutions to ensure that Nigerians desirous of tertiary education attained the same. It would be recalled that the University of Ilorin (UNILORIN), University of Maiduguri, Ahmadu Bello University, Zaria, Rivers State University, and Kaduna Polytechnic, benefited from the maiden edition of NATAP-M with the prize money of N125 million.
In the 2019 NATAP-M Awards, the sum of N500 million was up for grabs while in the 2020 awards, the third edition, the sum of N500 million was given to winning institutions and was held on July 21, 2022. The fourth edition, which combined those of 2021/2022 and 2022/2023 respectively featured a cash prize of N710 million To ensure transparency and equity, the Federal Competition and Consumer Protection Commission (FCCPC)was part of the assessors, who were invited by JAMB to grade the qualified institutions.
Also, Kaduna Polytechnic, Kaduna, emerged as the best Polytechnic with an aggregate of 12 points and received a N50 million prize at the sectoral awards while Federal College of Education, Zaria, emerged as the best College of Education with 11 points to win the N50 million prize in the years under review. In the Innovation Enterprise Institutions category, PEFTI Film Institute, Lagos, emerged winner with six points and a cash prize of N10 million. Earlier, Oloyede said the overall award prize was increased to N750 million to help the winner achieve tangible results with the money, and added that overall winners would not be able to win again until after five years to enable the prize to go round. Furthermore, Prof Oloyede disclosed that after setting aside the N750 million to be given to the winning institutions, the board was still able to remit over N3.5 billion naira to the federal government in 2024.
List of outstanding schools:
- Ahmadu Bello University
2. UNILORIN
3. PEFTI Film Institute
4. Federal College of Education Zaria, Kaduna State
5. Kaduna Polytechnic
6. University of Maiduguri
7. Rivers State University
8. Borno State University
This move by JAMB is a clear indication of the government’s commitment to improving the quality of tertiary education in Nigeria. It’s a win-win situation for institutions, students, and the education sector as a whole.
How do you think this will impact Nigerian education? Are you excited about the possibilities this opens up? Share your thoughts in the comments below!
Stay tuned for more updates on this inspiring development in Nigerian education. The future is looking brighter for our tertiary institutions!