"Your UTME results will now be valid for up to 3 years" - Senate

The Senate on Thursday 13th of October,
extended the validity of results of the Joint
Admissions Matriculation Board by up to three
years.
What does this mean?
In the past, a JAMB result used to be valid for
just a year. So for example, if you write the
exams in say 2016, and you failed to gain
admission in 2016, the results become invalid
and you'd have to take it again in 2017.
With this new law, if a candidate passes the
2017 examinations, the result would be valid for
up till 2020. This will save a lot of money in
yearly examination registration fees, and
drastically reduce the revenue generated by the
examination board.
For example, in 2016 alone, 1,452,739 candidates
applied to get into Universities, with each person
paying a registration fee of N4,500. That is over
6.5 billion in yearly revenue from registrations
alone ( find more interesting numbers here » ).
ALSO READ: Some JAMB stats showed us
which school is truly the "University of 1st
Choice" »
Since a significant number of the people taking
the examinations are re-sitting candidates, this
would mean a drastic drop in revenue generated
for the board.
JAMB's new Registrar is Prof. Ishaq Oloyede,
who was former Vice Chancellor of the University
of Illorin.