The Acting Registrar of the National Examinations Council (NECO), Mr Abubakar Gana said that the council has returned about 1 billion naira to the nation’s Consolidated Revenue Account as operational surplus from its internally generated revenue (IGR).
Mr Gana, who made this known when he appeared before the Senate Committee on Basic Education for the defense of NECO’s 2019 budget, called for support from the Senate to achieve the feat.
The NECO boss expressed his desire to improve on the reforms being carried out in NECO, adding that the 2019 budget of the agency as presented to the National Assembly will be judiciously implemented.
The Registrar also said with the way the Council is currently managing its resources; it will soon be self-sufficient without allocation from the federation account.
He expressed commitment to deepen the gains recorded within his period in office, stating that the agency under his supervision was poised to take its place as a transparent body.
The Federal Government recently slashed NECO registration fees from N11,350 to N9850, creating more opportunity for more participation of candidates in its Senior School Certificate Examinations ,SSCE.
Minister of Education, Malam Adamu, who made the announcement, said implementation of the reduction in cost of NECO exams commenced in January 2019, adding that President Muhammadu Buhari gave the directive to reduce the charges to meet the yearnings of parents.
Meanwhile, the Senate has commended NECO for effectively deploying and utilizing resources allocated to it for the conduct of examinations across the country.
Chairman Senate Committee on Basic Education, Senator Aliyu Wamako, who gave the commendation, on behalf of his colleagues, applauded the leadership of the exam body for remaining steadfast in ensuring prudence in the agency.
Wamako disclosed that in the 2018 budget, the leadership of NECO returned about N90 million unused overhead allocations into the consolidated account.