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Nairametrics
Home Business News

Tinubu donates N38.6 million salary to Armed Forces

Rosalia Ozibo by Rosalia Ozibo
March 30, 2026
in Business News
Nigeria attracts $6.44 billion capital inflow in Q4 2025, up 26.6% – NBS
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President Bola Ahmed Tinubu has donated his entire estimated N38.66 million salary earned since assuming office in May 2023 to support members of Nigeria’s Armed Forces, including wounded personnel and families of fallen soldiers.

The President disclosed this in a statement on Sunday as he marked his 74th birthday.

He noted that his salary will serve as seed funding for the creation of a special fund dedicated to supporting the military.

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According to the approved salary by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) for political office holders in 2007, the last time a review was done, the Nigerian President is on an annual salary of about N14.059 million (Basic and regular allowances).

This translates to over N38.66 million over a period of 33 months.

What the President is saying

Tinubu said the fund is aimed at recognising the sacrifices of members of the Armed Forces and providing support for those injured in service and the families of those who lost their lives.

  • “On this my 74th birthday, I celebrate the valiant men and women of our Armed Forces.

Today, I have directed the Accountant-General of the Federation to establish a special account for a fund dedicated to those who serve, those wounded in the line of duty, and the families of those who have paid the ultimate price.

As a personal commitment, all my salaries since assuming office will be paid into this account as seed funding, irrespective of existing insurance and welfare schemes for members of our armed forces.

This fund will directly support those who have lost their limbs, and the widows, widowers, and children of those who laid down their lives in service to our dear country,” he said.

What this means

According to the most recent data by the Revenue Mobilisation Allocation and Fiscal Commission, as seen by Nairametrics, the President earns a total monthly salary of N1,171,568.20.

The total annual value of the salary and regular allowances, including hardship and consistency benefits, stands at N14,058,820.

Since assuming office on May 29, 2023, President Bola Ahmed Tinubu has spent 33 months in office as of March 2026. This means his total salary over that period is estimated at approximately N38,661,750 million.

More insights

The President called on governors, members of the National Assembly, private sector players, and other stakeholders to support the fund.

  • “I call on our Governors, members of the National Assembly, the private sector, my friends and all well-wishers to support this initiative. Details of the account will be made available in due course,” he said.

Tinubu emphasised that supporting military personnel and their families is a national responsibility.

  • “We must never forget those who stand in harm’s way for our peace, nor the sacrifices borne by their families. This is not charity. It is a duty. And we will fulfil it,” he added.

What you should know

The announcement comes as the President marked his 74th birthday. In a personally signed message, Tinubu thanked Nigerians for their goodwill, prayers, and continued support, noting that such encouragement strengthens his administration’s resolve.

The Nigerian military and government have implemented several support measures for families of fallen personnel in recent years.

  • During the 2025 Armed Forces Remembrance Day, over N300 million was donated to support the welfare of military veterans, injured personnel and the families of fallen soldiers. President Bola Ahmed Tinubu contributed N200 million to the Nigerian Legion.
  • The National Assembly, represented by Senate President Godswill Akpabio and Deputy Speaker of the House of Representatives Benjamin Kalu, donated N100 million during the ceremony, while the Minister of the Federal Capital Territory (FCT), Nyesom Wike, donated N20 million.

In addition to donations, the Nigerian Air Force introduced policies to provide financial support for families of fallen personnel.

Under the directive approved by the Chief of the Air Staff, Hassan Abubakar, families of personnel who die in active service can continue receiving the deceased officer’s salary for up to 12 months or until all benefits are fully processed.


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Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

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