Money: OAU makes N200 Million from post UTME

Money: OAU makes N200 Million from post UTME
 

  Following the introduction of the post-UTME into tertiary institutions
in Nigeria, most schools have been making good money off admission seekers. A
statement issued the public relations officer of Obafemi Awolowo University,Ile
Ife (OAU) shows that no fewer than 27,000
candidates wrote the post  Unified Tertiary Matriculation Examination
(UTME).
   Findings by Gistmaster shows that those who wrote the Post UTME into OAU bought the form at the rate of N7,700 from banks.Banks will earn the 700 while the remaining N7,000 goes into the purse of the institution. Out of this over 27000 candidates, less than 5000 will be offered admission,

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