The Joint Admissions and Matriculation Board (JAMB) has projected N23.8 billion in internally generated revenue (IGR) for the 2026 fiscal year, representing a N4 billion increase from its 2025 target.
Dr Muftau Bello, the Director of the Office of the Registrar, delivered the projection on Wednesday to the Senate Committee on Tertiary Institutions and TETFund as part of the board’s 2026 budget estimates.
According to the board, N6 billion from the projected revenue will be remitted to the Federation Account as an operating surplus.
“A total of N30.6bn budget profile is proposed by JAMB in 2026, out of which N23.8bn is to be generated internally, and N6 billion remitted into the Federation Account as operating surplus for the year,” Bello told lawmakers.
The agency also reported its 2025 performance, noting that it generated N18.5 billion as IGR and remitted N4 billion to the Federation Account.
On preparations for the 2026 Unified Tertiary Matriculation Examination (UTME), JAMB disclosed that it has created 1,000 examination centres nationwide, up from fewer than 800 used in 2025.
The expansion is designed to enhance access and streamline logistics for candidates nationwide.
