The Joint Admissions and Matriculation Board (JAMB) has warned banks in Nigery not to sell the 2021 Unified Tertiary Matriculation Examination (UTME) forms (ePIN) above the sum of three thousand naira (N3,500) fee to candidates.
JAMB candidates are expected to pay N3,500 for ePin and N500 for the books they will use for the examination, totaling N4,000.
JAMB also urged the banks to ensure that all ePins are transferred electronically to the candidates to avoid processing hardship on them.
The board, however, said it would not accept hand-written ePins from any bank in order to avoid mistakes during the process of writing it.
Each bank is expected to get 30,000 ePins from the board, while microfinance banks and other payment platforms will get 10,000 ePins through the board.
Prof Is-haq Oloyede, the JAMB Registrar, said this during a meeting with representatives of financial institutions ahead of the sales of ePins which will start next month.
Oloyede warned that any financial institution caught selling the ePin above the stipulated price of N3,500 will be prosecuted accordingly.
Taken note of every instruction here