The Joint Admissions and Matriculation Board (JAMB) has sanctioned and permanently revoked the licences of several e-PIN vending outlets caught charging 2020 UTME and Direct Entry (DE) candidates above the prescribed ₦4,000 fee (₦3,500 for the e-PIN and ₦500 for the reading text).
Arrested Vending Agents Set for Court Arraignment
In a statement published in the Board's weekly bulletin, JAMB Registrar Prof. Ishaq Oloyede explained why the Board took swift action:
- Zero Tolerance for Extortion: Prior to the start of registration, JAMB reached a binding agreement with all accredited e-PIN vendors on the fixed ₦4,000 price and built in a ₦210 commission for vendors.
- Revocation of Licences & Prosecution: Upon discovering that tellers of certain registered outlets were inflating the price, JAMB immediately revoked the licences of the offending outlets and handed the arrested agents over for court arraignment.
- Warning to Financial Institutions: Prof. Oloyede appealed to all accredited banks and payment platforms to register only credible tellers for e-PIN vending.
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