The Joint Admissions and Matriculation Board (JAMB) has set an ambitious ₦23.8 billion Internally Generated Revenue (IGR) target for the 2026 fiscal year, representing a ₦4 billion increase over its 2025 performance.
Presenting the board’s 2026 budget to the Senate Committee on Tertiary Institutions and TETFund, Dr. Muftau Bello, Director in the office of Registrar Professor Ishaq Oloyede, detailed plans for financial growth and operational expansion.
JAMB proposes a total expenditure of ₦30.6 billion for 2026, with ₦23.8 billion expected from internal revenue and ₦6 billion earmarked for remittance to the Federation Account as operating surplus. The remittance underscores the agency’s continued contribution to national revenue while scaling up its operations.
Reviewing 2025 performance, Dr. Bello said JAMB generated ₦18.5 billion in IGR and remitted ₦4 billion to the Federation Account. Senators praised the board’s financial discipline and growth trajectory.
In preparation for the 2026 Unified Tertiary Matriculation Examination (UTME), JAMB has expanded its accredited Computer-Based Test (CBT) centres to 1,000 nationwide, up from fewer than 800 in 2025. The move is intended to improve accessibility, reduce congestion, and strengthen examination integrity across the country.
Senator Yohanna Amos (Adamawa North) proposed reducing the current UTME registration fee of ₦3,500. Dr. Bello clarified that the fee had previously been ₦5,000 and was lowered under Professor Oloyede’s administration, balancing affordability and sustainability for candidates.
With higher revenue targets, increased remittance, and expanded examination infrastructure, JAMB is positioning itself for a stronger financial footing and enhanced operational capacity in 2026.
JAMB sets ₦23.8bn IGR target, strengthens 2026 examination infrastructure
