Home » Major Generals To Receive Up To ₦25.91m Yearly As Tinubu Approves New Military Pension Structure

Major Generals To Receive Up To ₦25.91m Yearly As Tinubu Approves New Military Pension Structure

by Alien Media
0 comments

The Federal Government has approved a new pensionable salary structure for personnel of the Nigerian Army, Nigerian Navy and Nigerian Air Force, effective September 1, 2026. The approval was communicated in a circular issued on September 3 by the National Salaries, Incomes and Wages Commission.

Under the new structure, the highest-ranking officers—Generals, Admirals and Air Chief Marshals—have annual pensionable salaries ranging from ₦21.9 million to ₦29.75 million, depending on their salary steps. The highest figure is equivalent to about ₦2.48 million monthly when divided by 12.

Other approved pensionable salary ranges include:

Lieutenant Generals, Vice Admirals and Air Marshals: ₦16.99m–₦25.91m annually.

Major Generals, Rear Admirals and Air Vice Marshals: ₦14.98m–₦23.9m.

Brigadier Generals, Commodores and Air Commodores: ₦13.86m–₦16.39m.

Colonels, Captains and Group Captains: ₦8.31m–₦9.49m.

Lieutenant Colonels, Commanders and Wing Commanders: ₦7.55m–₦8.74m.

Majors, Lieutenant Commanders and Squadron Leaders: ₦5.99m–₦7.01m.

Captains, Lieutenants and Flight Lieutenants: ₦5.28m–₦6.42m.

Second Lieutenants, Midshipmen and Pilot Officers: ₦4.92m–₦5.59m.

The new schedule also covers non-commissioned personnel. Warrant Officers have pensionable salaries ranging from ₦4.53 million to ₦5.17 million annually, while Privates, Ordinary Seamen and Aircraftmen fall within the range of ₦2.28 million to ₦2.49 million.

The government, however, clarified that the figures are pensionable salaries used to calculate retirement benefits and should not be interpreted as the actual monthly salaries or take-home pay of serving military personnel.

You may also like

Leave a Comment

Our Company

Newsletter

Latest News

News Bits @2024 – All Right Reserved. Designed and Developed by Osaxtic Solutions