Military salaries hit N924bn as Tinubu approves pay rise
President Tinubu approves a significant military pay rise, increasing the Armed Forces’ annual wage bill to N924bn. Junior personnel receive the highest pe Read More: https://punchng.com/military-salaries-hit-n924bn-as-tinubu-approves-pay-rise/
President Tinubu has approved a pay rise for members of the Nigerian Armed Forces. The salary increase will see officers above the rank of colonel, including generals, receive a 30% raise, according to the Jerusalem Post. Personnel from colonel to warrant officer will receive a 50% raise, while soldiers from private to staff sergeant rank will see salaries rise by 80%, the Jerusalem Post also reports.
The new pay structure, effective September 1, will increase the annual wage bill for the armed forces to 924 billion naira. The Punch Nigeria reports that junior personnel receive the highest percentage increase.
The pay rise is aimed at boosting troop welfare as Nigeria faces multiple security challenges, including insurgency, banditry, and kidnappings, as reported by the Jerusalem Post.
Brief written by urgent.news from Punch Nigeria, Jerusalem Post — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.