Tinubu orders release of funds for payment of pension arrears
President Bola Tinubu has ordered the release of funds for the payment of pension arrears, salary increases, and other entitlements owed to retired military personnel, following two days of peaceful protests at the Federal Ministry of Finance by military veterans.
Minister of State for Defence, Dr. Bello Muhammed Matawalle, announced the development on Friday, expressing gratitude to the President for his swift intervention.
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Matawalle commended Tinubu for ensuring the prompt payment of the three-month salary increase and the release of funds for the settlement of pension arrears and other owed entitlements to retired military personnel.
In a statement issued by the Director of Press and Public Relations at the Ministry of Defence, Mr. Henshaw Ogubike, the minister confirmed that payment alerts for the salary increases have already been received by military personnel.
The Minister praised President Tinubu for his unwavering commitment to the welfare of both active and retired military personnel, emphasizing that the administration remains focused on resolving outstanding pension arrears to enhance the living standards of those who have served the nation.
Matawalle also acknowledged the contributions of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for his dedication to ensuring the successful disbursement of the funds.
He urged the Nigerian military to remain steadfast in their duties, reassuring them of the President’s resolve to boost morale and provide necessary support to address insecurity across the country.
“Despite initial setbacks, be assured that Mr. President is committed to uplifting our military forces as they confront the challenges of insecurity,” he stated.
Highlighting the critical role of the Nigerian military in combating insurgency, terrorism, and other forms of criminality, Matawalle reaffirmed the government’s dedication to eradicating insecurity.
He concluded by assuring the Armed Forces of President Tinubu’s steadfast support and commitment to improving their readiness and resilience in securing the nation.
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