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Nigeria: Major General Julius Osifo Assumes Office As MPB Chairman, Pledges Prompt Payment of Military Pensions

Major General Julius Ehioze Osifo takes over the Military Pensions Board after veterans protested pension calculations and delayed entitlements, officials said.

  • On Wednesday, military authorities replaced Air Vice Marshal Mikail Abdulraheem as Chairman of the Military Pensions Board following an intense dispute with retired officers over pension computation and entitlements.
  • The decision followed a faceoff last week Tuesday when veterans shut the Board's headquarters, alleging wrong computation of entitlements; sources described the incident as an "embarrassment" to military leadership.
  • Major General Julius Ehioze Osifo has assumed office as the new Chairman, bringing extensive experience in military finance and strategic leadership to the role.
  • Osifo pledged to prioritize prompt, seamless, and less bureaucratic pension payments to veterans and families of fallen personnel, stating, "All hands must be on deck for the actualization of my vision."
  • Previously serving as Director-General of the Nigerian Army Finance Corporation and Deputy Director of Accounts at the MPB in 2018, Osifo holds a PhD in Finance with research in defence budgeting.
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Daily Trust broke the news in Abuja, Nigeria on Wednesday, October 21, 2026.
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