By Chris Ochayi
OVER N300 billion have been lost to cancellations ofÂ six million results of examinations conducted by the West African Examination Council, WAEC, National Examination Council, NECO, Joint Admissions and Matriculation Board, JAMB, National Teachers’ Institute, NTI and the National Business and Technical Examination Board, NABTEB, in the last 14 years, Exams Ethics International has said.
Founding Chairman of Exam Ethics International, Mr. Ike Onyechere, at a brifing in Abuja, Monday, estimated amount involved in exam frauds at N71bn.
He said, â€œthe exam malpractices black market in Nigeria is huge. Since 1996, when the exam ethics campaign started, exam bodies including WAEC, NECO, JAMB, NTI, NABTEB have cancelled at least six million post-primary exit examination results.
â€œAt least, N300 billion have been lost to these cancelled results. Exam fraud is a N7bn a year business when you add up the street value of various rackets including special centres, mercenaries, extortion of all manner of fees from students by schools, the cost of handouts in tertiary institutions, the cost of sorting out lecturers, etc.â€