Economy

Lifetime Salary Benefits for Senior Officers Earn Praise

Published

1 year ago

August 29, 2025

Lifetime salary benefits policy for senior officers, approved by President Tinubu, boosts welfare and morale in Nigeria’s paramilitary ranks

Lifetime salary benefits for senior paramilitary officers have been officially approved, marking a landmark shift in welfare and motivation policies within Nigeria’s security sector.

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The Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced the policy during the 2025 Ministerial Retreat, confirming that officers retiring from the rank of Deputy Controller, Comptroller, or Commandant-General and above will now enjoy lifetime salary benefits.

The move, part of President Bola Ahmed Tinubu’s Renewed Hope Agenda, has been widely described as a powerful boost for morale.

A statement signed by DCF PO Abraham of the Federal Fire Service emphasized the president’s commitment to institutional reform and staff welfare.

Dr. Tunji-Ojo, in his remarks, expressed gratitude for Tinubu’s “unwavering support” while outlining further achievements under the ministry.

He revealed that over 50,000 officers had received long-delayed promotions in the last two years. Going forward, promotions will be tied to performance, signaling a transition to a merit-driven system.

The minister also announced updated training manuals and the construction of a world-class Fire Academy, which he said would rival international institutions like the Arizona Fire Academy.

Addressing broader reforms, Dr. Tunji-Ojo highlighted the ministry’s efforts to support officers’ mental health, while encouraging the Federal Fire Service to embrace private sector partnerships for better infrastructure, modern firefighting technology, and service delivery.

Also read: Tinubu Approves N16.7bn for Mokwa Bridge Reconstruction in Niger

The lifetime salary benefits policy has already been hailed as a milestone in Nigeria’s paramilitary history, reinforcing the government’s commitment to welfare, reform, and sustainable motivation.

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Economy

NRS Assures Taxpayers VAT Remains at 7.5% Amid Tax Reform Concerns

Published

8 hours ago

October 27, 2026

Peculiar Adirika

NRS VAT rate remains 7.5%, the agency says, while addressing concerns over bank deductions, loans and the implementation of Nigeria’s tax reforms

The Nigeria Revenue Service (NRS) has assured taxpayers that Nigeria’s standard Value Added Tax (VAT) rate remains 7.5 per cent, while addressing concerns over the implementation of the country’s new tax reforms.

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The assurance was given by the Tax Administrator responsible for Kano, Jigawa and Katsina states, Samaila Abdullahi, during an NRS stakeholders’ engagement and tax reform sensitisation programme in Kano.

Abdullahi said concerns raised by individuals, traders, business owners and other stakeholders about the new tax laws were understandable, particularly questions relating to bank transactions, loans, family transfers, business income and the potential impact on small businesses.

He urged taxpayers to understand the reforms through the provisions of the law rather than rely on assumptions or misinformation.

According to him, the tax laws do not automatically authorise deductions from personal bank accounts.

He stressed that tax collection and recovery must follow the applicable legal provisions and procedures.

Abdullahi also clarified that money received as a loan should not automatically be classified as business income or profit, explaining that proper documentation is essential to establish the nature of a transaction.

“For instance, when a trader receives a loan of N500,000, the amount should not automatically be treated as N500,000 in sales or profit, provided the transaction is properly documented,” he said.

The NRS official’s comments were aimed at addressing public concerns about how the new tax framework would affect personal finances and business transactions.

He emphasised the importance of distinguishing between taxable business receipts and other funds, such as documented loans, when determining a taxpayer’s obligations.

The clarification comes amid heightened public interest in Nigeria’s tax reforms and questions about their implications for individuals, traders and small businesses.