Africazine:
The Joint Admission and Matriculation Board (JAMB) is setting ambitious revenue goals for 2026.
On Wednesday, JAMB announced a target of N23.8 billion as Internally Generated Revenue (IGR) for the fiscal year 2026, which is N4 billion more than its 2025 target. The board plans to remit N6 billion of this amount to the federal government.
JAMB’s Revenue Projections for 2026
During a budget defense session, Dr. Muftau Bello, a Director at JAMB, presented the board’s financial outlook to the Senate Committee on Tertiary Institutions and TETFUND. He outlined that the proposed budget for 2026 stands at N30.6 billion, with N23.8 billion expected to be generated internally.
In 2025, JAMB generated N18.5 billion as IGR and remitted N4 billion to the federation account. The increase in revenue projections reflects JAMB’s commitment to enhancing its financial performance.
Navigating Examination Preparedness
JAMB is also focused on improving its examination infrastructure for the upcoming Unified Tertiary Matriculation Examination (UTME). The board has established 1,000 examination centers for 2026, significantly up from the less than 800 centers used in 2025. This expansion aims to facilitate a smoother examination process for candidates.
Despite positive feedback from the Senate Committee regarding JAMB’s performance, there are calls for a reduction in examination fees. Currently, the fee is set at N3,500, down from N5,000 under the current Registrar’s leadership.
Next Steps for JAMB
- Finalize the budget profile for 2026.
- Implement the establishment of 1,000 examination centers.
- Address the request to reduce examination fees.
JAMB is poised for a significant increase in revenue generation in 2026.
