News Investigators/ The Joint Admissions and Matriculation Board (JAMB) says it has set an Internally Generated Revenue target of N23.8 billion for the 2026 fiscal year.
Muftau Bello, a Director in the Registrar’s office, disclosed this on Wednesday in Abuja during the defence of JAMB’s 2026 budget estimates.
Officials of JAMB appeared before the Senate Committee on Tertiary Institutions and TETFUND to present the organisation’s proposals for the coming year.
Mr Bello said N6 billion from the projected N23.8 billion would be remitted to the Federation Account.
“A total of N30.6 billion is proposed as JAMB’s 2026 budget. Of this, N23.8 billion will be generated internally and N6 billion remitted as operating surplus,” he said.
He added that in 2025, JAMB generated N18.5 billion as IGR and remitted N4 billion to the Federation Account.
On preparations for the 2026 Unified Tertiary Matriculation Examination, Bello said 1,000 Computer-Based Test centres had been established nationwide.
He explained that the new centres were in addition to the 800 created in 2025.
Sen. Amos Yohanna Amos urged JAMB to reduce the UTME registration fee, citing hardship among rural families.
He said many children in rural communities struggled to raise funds for registration, limiting their academic ambitions.
In response, Bello said the fee was reduced from N5,000 to N3,500 under the current leadership.
Impressed by the board’s performance, committee members commended JAMB for what they described as effective stewardship of its mandate.
NAN