Major General Julius Osifo Assumes Office as MPB Chairman, Pledges Prompt Payment of Military Pensions
Sunday Ehigiator Major General Julius Ehioze Osifo has assumed office as Chairman of the Military Pensions Board (MPB), pledging to ensure prompt, seamless and less bureaucratic payment of pensions, gratuities,
Major General Julius Ehioze Osifo has been appointed as the new Chairman of the Military Pensions Board (MPB). During the handover ceremony, he pledged his commitment to ensuring timely and efficient payment of pensions, gratuities, arrears, and death benefits to retired military personnel and families of deceased service members. Osifo stated that his administration's priority would be to prioritize prompt and seamless payments, while maintaining safeguards against unauthorized payments.
He outlined several key strategies to achieve this goal, including the deployment of modern technology, proactive beneficiary identification in collaboration with military services, prompt processing of benefits, and stronger engagement with stakeholders. Osifo also emphasized the importance of improving the Board's capacity through training and upholding high ethical and professional standards.
In terms of staff welfare, Osifo assured military and civilian personnel that they would be provided with a fair and supportive working environment to develop their skills and contribute meaningfully to the Board's mandate. He pledged to create a level playing field and strive to enhance the capacity and potentials of all employees.
Osifo brings extensive experience in military finance, administration, and strategic leadership to the position. He previously served as Director-General of the Nigerian Army Finance Corporation, Deputy Director of Accounts at the Military Pensions Board, and held various military and diplomatic roles. Academically, he holds a PhD in Finance and has published extensively on defense budgeting and military operational capacity in Africa.
Osifo acknowledged the work of his predecessors and pledged to build on their achievements. He called on all Board employees to work collectively towards fulfilling their mandate, describing the task of repositioning the institution as a collective responsibility. Osifo expressed his gratitude to the Chief of Army Staff and the Chief of Defence Staff for supporting his appointment and pledged to justify the confidence placed in him.
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