Vice President Shettima Unveils Prof. Ishaq Oloyede’s Phenomenal Financial Triumph, JAMB Generates Record-breaking N50bn in a Year

Vice President Shettima Unveils Prof. Ishaq Oloyede's Phenomenal Financial Triumph, JAMB Generates Record-breaking N50bn in a Year

Vice President Kashim Shettima astounds the nation by revealing Prof. Ishaq Oloyede’s unprecedented achievement as the first Registrar of the Joint Admission and Matriculation Board (JAMB) to generate over N50bn for the Federal Government within a year. Shettima, representing President Bola Tinubu at a public engagement by the Economic and Financial Crimes Commission (EFCC), dropped this bombshell during a dialogue on “Youth, Religion, and the Fight against Corruption.” This historic disclosure took place at the Musa Yar’Adua Centre, Abuja, where the EFCC Chairman, Ola Olukoyede, launched the Fraud Risk Assessment Project for Ministries, Departments, and Agencies.

In his address, Shettima emphasized the magnitude of Prof. Oloyede’s impact, highlighting that prior to Prof. Ishaq Oloyede’s tenure, JAMB had never contributed up to $1m to the Federal Government. The revelation sparks a new narrative in the fight against corruption, underscoring the transformative leadership that can yield substantial financial gains for the nation.

Unveiling the Dialogue on “Youth, Religion, and the Fight against Corruption

The groundbreaking revelation occurred within the context of a broader dialogue focused on “Youth, Religion, and the Fight against Corruption.” The event served as a platform for influential figures, including the Attorney General of the Federation, Lateef Fagbemi; former Minister of Power, Babatunde Fashola; the Ọọni of Ifẹ, Ọba Enitan Ogunwusi; the Sultan of Sokoto, Sa’ad Abubakar; the President of the Christian Association of Nigeria; the Chairperson of the Nigeria Committee of Vice Chancellors, Professor Lilian Salami; and the celebrated Registrar of JAMB, Prof. Ishaq Oloyede’s.

The Musa Yar’Adua Centre in Abuja provided a fitting backdrop for this critical dialogue, symbolizing a concerted effort by the EFCC to address corruption across Ministries, Departments, and Agencies. With the launch of the Fraud Risk Assessment Project, the EFCC aims to bolster anti-corruption measures and fortify the nation against financial malpractices.

Vice President Shettima Unveils Prof. Ishaq Oloyede's Phenomenal Financial Triumph, JAMB Generates Record-breaking N50bn in a Year
Vice President Shettima Unveils Prof. Ishaq Oloyede’s Phenomenal Financial Triumph, JAMB Generates Record-breaking N50bn in a Year

Prof. Ishaq Oloyede’s Remarkable Contribution to JAMB

Vice President Shettima’s revelation underscores Prof. Ishaq Oloyede’s exceptional leadership at JAMB. Shettima, expressing deep respect for Prof. Ishaq Oloyede’s, acknowledged the significant shift in revenue generation under his stewardship. The transformation from never reaching $1m to a staggering ₦50bn for the Federal Government within a year showcases Oloyede’s strategic vision and administrative prowess.

This revelation sparks discussions on the implications of effective leadership in governmental institutions and the potential financial benefits for the nation. Prof. Ishaq Oloyede’s accomplishment serves as a benchmark for future leaders and underscores the positive impact that dedicated individuals can have on public sector finances.

High-Profile Gathering: Convergence of Distinguished Figures

In a remarkable display of public engagement, the event became a focal point for influential individuals, underscoring its profound significance. The assembly witnessed the participation of esteemed personalities, including the Attorney General of the Federation, Lateef Fagbemi, and former Minister of Power, Babatunde Fashola. The presence of eminent traditional leaders, such as the Ọọni of Ifẹ, Ọba Enitan Ogunwusi, and the Sultan of Sokoto, Sa’ad Abubakar, added a layer of gravitas to the proceedings. This high-profile gathering not only showcased the alignment of key figures but also emphasized the event’s importance on a national level.

At the forefront of shaping the discourse were pivotal figures representing diverse sectors. The President of the Christian Association of Nigeria, along with the Chairperson of the Nigeria Committee of Vice Chancellors, Professor Lilian Salami, and the Registrar of JAMB, Professor Ishaq Oloyede, collectively delved into critical issues facing the nation. Their insightful perspectives and contributions elevated the event, turning it into a platform where meaningful discussions unfolded. This convergence of influential voices not only enriched the discourse but also positioned the gathering as a significant hub for addressing pressing national concerns.

Vice President Shettima Unveils Prof. Ishaq Oloyede's Phenomenal Financial Triumph, JAMB Generates Record-breaking N50bn in a Year
Vice President Shettima Unveils Prof. Ishaq Oloyede’s Phenomenal Financial Triumph, JAMB Generates Record-breaking N50bn in a Year

EFCC’s Initiatives for Anti-Corruption Measures

The dialogue provided a platform for the EFCC Chairman, Ola Olukoyede, to launch the Fraud Risk Assessment Project for Ministries, Departments, and Agencies. This initiative signals the EFCC’s commitment to proactive measures in combating corruption. The project aims to assess and mitigate potential risks within government entities, contributing to a more robust anti-corruption framework.

The unveiling of this project aligns with the broader mission of the EFCC, reinforcing their role as a crucial player in safeguarding the financial integrity of the nation. The proactive approach to fraud risk assessment represents a paradigm shift in anti-corruption efforts.

Implications for the Fight Against Corruption

In a groundbreaking revelation, Vice President Shettima unveils the Fraud Risk Assessment Project, ushering in a new era in the fight against corruption. This initiative, coupled with the noteworthy success of JAMB under Prof. Ishaq Oloyede’s transparent leadership, serves as a testament to the transformative impact of strategic governance on financial outcomes. The EFCC’s commitment to combating corruption at its roots, exemplified by the Fraud Risk Assessment Project, signifies a crucial step towards fostering accountability and responsible use of public funds, marking a pivotal moment in Nigeria’s ongoing battle against corruption and the promotion of financial transparency in institutional frameworks.

For more details on Vice President Shettima’s revelation and the Fraud Risk Assessment Project, and to understand the success story of JAMB under Prof. Ishaq Oloyede’s leadership, stay tuned. This comprehensive coverage delves into the initiatives shaping Nigeria’s commitment to eradicating corruption and building a culture of financial integrity.


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