News
Macroeconomy
Tinubu increases soldiers’ salaries from N100,000 to N250,000 from September
BusinessDay
Aug 4, 2026 · 19:45 WAT
Nigeria will raise soldiers’ salaries from N100,000 to N250,000 monthly effective September 1, 2026, according to the report. About 250,000 military personnel are expected to benefit. The measure represents a significant increase in public-sector wage expenditure and may influence consumption, fiscal pressures and inflation expectations.