Tuesday, 23 February 2016

Minister Of Finance Offered A Form To Resit Maths WAEC

While addressing a press briefing last week, Adeosun alleged that one of the exams body (WAEC) in Nigeria made N16 billion from sale of forms and other services, and got additional N6billion from the federal government bringing the total to ‘N24billion’.
Reacting to Adeosun’s arithmetic mistake, Iyi Uwadiae, the registrar of WAEC, faulted the minister’s allegation and offered her a free form to re-sit maths exam. “It’s not enough to go to the Senate and reel out figures.

The minister should know, that what Nigerian students pay to sit for WAEC examinations is simply an operational/management cost, that covers registration, data keeping and management, printing of examination papers, logistics, marking of scripts and production of certificates. And all these cost about N16 billion Naira.


“WAEC examination is not designed as a revenue generating source for the Federal Government. In fact governments in the past subsidized the examination fees, just to encourage education. The N6 billion she talked about is for payment of salaries and overheads for staff of the council. “However, we do not know the mathematical formula the Honourable Minister used, when she said the summation of N16 billion Naira and N6 billion Naira was N24 billion Naira. 

4 comments:

  1. Nobody is above mistakes especially when making speech.Much Ado about Nothing . '

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  2. Nigerians shouldn't be surprise all of them are Olodo, its in the DNA of our new government. It is so glaring the ministers don't have a clue or understanding of what their roles entails. Presenting budget to the senate without sound understanding of what the content is. Some of their excuses are so pathetic; don't know what the fund is for or how it got there and these are people looking after my peoples affairs. Pure shame" In any modern countries those minister would have resigned without anyone telling them to.

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  3. she need an exam lolzzzzzzzzzzzz

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  4. maybe she bought her certificate did not go to school

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