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News

Pres. Buhari Slashes Generals Retirement Benefits

Farouk Mohammed
By Farouk Mohammed
Published: June 24, 2015
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PRESIDENT-BUHARI

President Muhammadu Buhari has reportedly cut some of the retirement benefits of senior officers of Nigeria’s three Armed Forces.

The affected benefits are said to be contained in a document called Harmonised Terms And Conditions Of Service (HTACOS) which was created in 2012.

Buhari is said to have given the order on Monday, June 22, 2015, during a security meeting with the country’s Service Chiefs, according to New Telegraph.

“I want to inform you that there is currently a Presidential Directive for the suspension of HTACOS. The Commander-in- Chief made the directive on Monday during the security meeting he had with Service Chiefs,” a source said.

“By suspending the HTACOS, Brigadier-Generals and Major Generals, as well as their equivalents in the Navy and Air Force will, henceforth, retire without the usual 508 Peugeot car, a cook, gardener, a driver and two armed guards, that would have guarded their residences after their formal retirement or disengagement,” he added.

 The order will however not affect the Service Chiefs as it is not intended to have a retroactive effect.

The President, also on Monday, ordered the dismantling of all military checkpoints across the country.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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