JAMB targets N23.8bn IGR in 2026

…N6bn remittance into Federation Account

The Joint Admissions and Matriculation Board (JAMB) on Wednesday announced a target of N23.8billion as its internally generated revenue (IGR) for the 2026 fiscal year, representing N4 billion more than its 2025 target.

The 2026 IGR projection and other budgetary proposals were presented to the Senate Committee on Tertiary Institutions and TETFund by Muftau Bello, a Director in the office of the Registrar, Professor Ishaq Oloyede.

In his presentation, the JAMB representative disclosed that out of the projected N23.8billion IGR, N6billion would be remitted to the Federal Government.

“A total of N30.6billion budget profile is proposed by JAMB in 2026 out of which N23.8billion is to be generated internally and N6 billion to be remitted into federation account as operating surplus for the year,” he said.

Earlier, while reviewing the agency’s 2025 budget performance, Bello informed the committee, chaired by Muntari Dandutse, that N18.5billion was generated as IGR in the fiscal year, with N4billion remitted to the federation account as operating surplus.

On preparations for the 2026 Unified Tertiary Matriculation Examination (UTME), he disclosed that 1,000 examination centres had been created, a significant increase from the fewer than 800 centres used in 2025.

Members of the committee commended JAMB’s performance under the leadership of Professor Oloyede, expressing satisfaction with the examination body’s operations.

However, Yohanna Amos urged the board to reduce its examination fee from the current N3,500.

Responding, the Director noted that the fee was previously N5,000 before it was reduced to N3,500 by the current Registrar.