The Federal Government approves a new pensionable salary structure for personnel of the Nigerian Armed Forces, setting higher pensionable pay bands for senior officers, including Generals, Admirals and Air Chief Marshals. The updated figures raise the top bracket to up to about ₦29.75 million per year, which the reporting describes as roughly ₦2.5 million monthly for pension calculation purposes.
The change is contained in a September 3, 2026 circular issued by the National Salaries, Incomes and Wages Commission (NSIWC). It takes effect from September 1, 2026, and provides annual gross pensionable salary figures to be used when computing pensions across the Army, Navy and Air Force. The circular references constitutional authority and approval by President Bola Tinubu as Commander-in-Chief, and it is addressed to senior government officials including the Chief of Staff to the President, the Minister of Finance, the Minister of Defence and the Accountant-General of the Federation.
While both outlets focus on the approval and the headline number for Generals, Nigerian Eye provides a wider schedule of ranges for multiple ranks and stresses that the amounts are specifically for pension calculations rather than monthly take-home pay. It also frames the review as part of welfare efforts, noting that complementary support such as housing and healthcare may still be needed.