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Kapital FM 92.9 The Station that Rocks!
The Joint Admissions and Matriculation Board (JAMB) on Wednesday declared N23.8 billion as its targeted internally generated revenue (IGR) for the 2026 fiscal year, representing N4 billion above its 2025 target.
The projected 2026 IGR and other budget proposals were presented to the Senate Committee on Tertiary Institutions and TETFund by Dr. Muftau Bello, a Director in the Office of the Registrar, Ishaq Oloyede.
In his presentation, the JAMB representative disclosed that out of the N23.8 billion targeted IGR, N6 billion would be remitted to the Federal Government.
“A total budget profile of N30.6 billion is proposed by JAMB for 2026, out of which N23.8 billion is expected to be generated internally, while N6 billion will be remitted into the Federation Account as operating surplus for the year,” he said.
Earlier, while presenting the Board’s 2025 budget performance, the Director informed the committee, led by Senator Muntari Dandutse, that N18.5 billion was generated as IGR in the fiscal year, with N4 billion remitted into the Federation Account as operating surplus.

On preparations for the 2026 Unified Tertiary Matriculation Examination (UTME), he stated that 1,000 examination centres have been created, a significant increase compared to the fewer than 800 centres used in 2025.
Commending JAMB’s performance under Professor Oloyede’s leadership, members of the committee, from the Chairman to other lawmakers, gave the examination body a pass mark.
However, Senator Yohanna Amos (Adamawa North) urged the Board to further reduce its current examination fee of N3,500.
Responding, the Director explained that the fee was previously N5,000 before it was reduced to N3,500 by the current Registrar.
James Itodo, Edited By Grace Namiji
Written by: Fatima Abubakar
#kapitalfm92.9 In 2026 JAMB Targets N23.8b IGR
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