The Federal University of Medicine and Medical Sciences (FUMMSA), Abeokuta is one of Nigeria’s leading specialized universities for medical and health-related courses. While specific tuition fees per student are usually published by the university during registration, the institution’s overall budget allocation gives students and stakeholders insight into how resources are planned and distributed for academic excellence and infrastructure development.
Below is a summary of FUMMSA’s financial allocation and expenditure plan for the first twelve months after the commencement of the 2025/2026 session.
FUMMSA 2025/2026 Financial Overview
Total Allocation
The total approved allocation for FUMMSA, Abeokuta, Ogun State, stands at ₦1,126,529,588. This includes personnel costs, overheads, and capital expenditure.
Personnel Cost
Personnel expenses account for ₦737,640,699, broken down as follows:
- Salaries and Wages: ₦655,680,621
- Allowances & Social Contributions: ₦81,960,078
- Non-Regular Allowances: ₦32,784,031
- Foreign Service Allowance: ₦49,176,047
This reflects the university’s commitment to paying staff fairly and ensuring smooth operation of academic and administrative functions.
Overhead / Goods & Non-Personal Services
Total overhead costs amount to ₦111,111,111, covering:
- Travel & Transport for training and official duties
- Other general administrative expenses
Capital Expenditure
The university has planned ₦277,777,778 for capital projects, focusing on:
- Construction and provision of fixed assets
- Infrastructure development to enhance learning environments for students
Summary Table
| Item | Amount (₦) |
|---|---|
| Personnel Cost | 737,640,699 |
| Overhead Cost | 111,111,111 |
| Capital Expenditure | 277,777,778 |
| Total Allocation | 1,126,529,588 |
This allocation ensures that the university can maintain quality teaching, fund research initiatives, provide infrastructure, and support the welfare of staff and students alike.
Implications for Students
While the above budget does not directly indicate individual student fees, it shows:
- FUMMSA prioritizes staff remuneration to ensure a high standard of teaching.
- Investments in infrastructure and capital projects improve facilities such as laboratories, lecture halls, and hostels.
- Overheads support day-to-day operations, ensuring students’ administrative and academic needs are met efficiently.
Students can expect a structured fee schedule aligned with the courses and programs offered by the university, which will be officially released before the commencement of registration for the 2025/2026 session.
Conclusion
The Federal University of Medicine and Medical Sciences, Abeokuta continues to demonstrate a strong financial plan that balances personnel costs, operational overheads, and infrastructure development. For prospective students, this ensures a conducive learning environment, well-supported faculty, and modern facilities.
