The Military Pensions Board has announced the commencement of new pension rates and arrears to military pensioners following salary adjustments from new minimum wage.
The development follows the approval by President Bola Tinubu in August 2026 of salary increases ranging from 30 to 80 per cent for personnel of the Nigerian Armed Forces, effective from September 1.
According to a statement by presidential spokesman, Bayo Onanuga, under the new arrangement which became effective from September 1, officers above the rank of colonel will enjoy a 30 per cent salary increase.
Under the approved structure, officers above the rank of Colonel, including Brigadier-Generals, Major-Generals, Lieutenant-Generals and Generals, are to receive a 30 per cent salary increase.
Personnel from colonel to warrant officer will have a 50 per cent increase, while private to staff sergeant will have 80 per cent increase.
The earlier approval did not mention whether retirees would enjoy same benefits but following series of protests and engagements, authorities said the adjustments would also cater for the veterans who rely on their pensions for survival.
In a statement, the Public Relations Officer of the Military Pensions Board, Squadron Leader Aliyu Mohammed, said the new pension rates had been implemented and the applicable arrears processed for payment.
“The Military Pensions Board (MPB) is pleased to inform all military pensioners that the implementation of the newly approved pension rates, following the adjustment arising from the new minimum wage has been effected,” Mohammed said.
He added that the applicable arrears had been processed and would be paid into the accounts of all pensioners with effect from October 2, 2026.
The board appreciated the patience, understanding and cooperation of military pensioners throughout the implementation process.
It also reaffirmed its commitment to timely pension payments and continuous improvement in pension administration in recognition of the service and sacrifices of Nigeria’s military veterans.
“The board remains committed to the timely payment of pensions and the continuous improvement of pension administration in recognition of the invaluable service and sacrifices of Nigeria’s military veterans,” the statement said.
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