The Joint Admissions and Matriculation Board (JAMB) has projected N23.8 billion in internally generated revenue (IGR) for the 2026 fiscal year.

JAMB Registrar, Ishaq Oloyede, disclosed this during the agency’s 2026 budget defence before the Senate Committee on Tertiary Institutions and TETFUND. Represented by Dr. Muftau Bello, a director in the Registrar’s office, Oloyede said the board proposed a total budget of N30.6 billion for 2026.

According to him, N23.8 billion is expected to be generated internally, while N6 billion will be remitted to the Federation Account as operating surplus.

Providing an update on the 2025 budget performance, the registrar said JAMB generated N18.5 billion in IGR and remitted N4 billion to the Federation Account.

On preparations for the 2026 Unified Tertiary Matriculation Examination (UTME), Bello told lawmakers that 1,000 examination centres had been created nationwide, compared to fewer than 800 centres used in 2025.

Members of the committee, chaired by Senator Muntari Dandutse (APC, Katsina South), commended the board’s performance under Oloyede’s leadership.

However, Senator Yohanna Amos (PDP, Adamawa North) urged JAMB to further reduce its examination fee from the current N3,500. In response, Bello noted that the fee was previously N5,000 before it was reduced to N3,500 by the present registrar.