The Joint Admissions and Matriculation Board (JAMB) has allocated N1 billion to enhance the welfare of its employees, with a significant portion earmarked for staff housing and retirement benefits. According to JAMB’s recent bulletin from Abuja, Registrar Prof. Ishaq Oloyede proposed this initiative during a board management meeting, which received unanimous endorsement.
“This initiative aims to improve staff welfare and ensure retiring staff are adequately supported,” Prof. Oloyede stated. The plan includes partnering with the Federal Housing Authority (FHA) to secure housing arrangements for retiring staff, with payments ranging from N3 million to N10 million based on their rank and years of service. This move aims to provide retiring staff with secure housing upon their retirement.
“For those opting out or not meeting the service requirements for full payment, a ‘handshake’ payment of N3 million to N10 million will be provided,” Prof. Oloyede explained. This financial support underscores JAMB’s commitment to facilitating a smooth transition into retirement for its employees.
Prof. Oloyede emphasized that this initiative not only benefits individual staff members but also fosters a positive work environment and boosts morale across the organization. He urged staff to uphold excellence, integrity, and transparency, warning against any actions that could undermine these standards.
Management members praised Prof. Oloyede’s proposal as a thoughtful measure, affirming that allocating N1 billion for staff welfare underscores his dedication to employee well-being. They expressed confidence that these efforts would enhance staff satisfaction and productivity within JAMB.
Looking ahead, JAMB plans to finalize agreements with the FHA pending necessary approvals, ensuring timely implementation of the welfare enhancement program. Prof. Oloyede reiterated JAMB’s commitment to continually seeking government support to improve staff welfare, stressing the importance of adherence to established standards for sustained organizational effectiveness.
