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🇳🇬 COAS Urges Retiring Soldiers to Shun Extravagance, Embrace Financial Discipline

 



As military careers wind down for some personnel, the Nigerian Army has launched a pre-retirement seminar to equip them for a sustainable and resilient civilian life.

Zig Diaries Defence
Date: Monday, 4th August 2025
Time: 14:300 WAT
Location: 📍
Apapa, Lagos, Nigeria

Army launches 3-day seminar to prepare officers for post-service life amid financial and mental health concerns.

The Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede has advised personnel of the Nigerian Army nearing retirement to adopt moderate lifestyles and avoid financial recklessness in their post-service lives.

He gave this advice at the Third Quarter 2025 Veterans Affairs Pre-Retirement Training and Business Development Seminar, which began on Monday, August 4, at the Nigerian Army School of Finance and Administration in Apapa, Lagos State.

The COAS, represented by Corps Commander of Engineering, Major General Tonye Numbere, cautioned against the allure of extravagant living and poorly planned investments after retirement, warning that such decisions often lead to hardship.

“Post-service life comes with peculiar challenges—limited financial resources, mismanagement of retirement benefits, and the absence of military structure,” COAS Oluyede said. “It is, therefore, unwise to adopt an extravagant lifestyle or venture into unfamiliar businesses without proper guidance.”

He explained that the 3-day seminar, themed “Building Resilience of Personnel/Veterans for Thriving in Post-Retirement Life,” was designed to equip retiring soldiers with entrepreneurial skills, vocational options, and wellness strategies needed to thrive in civilian life.

The seminar, which runs from August 3 to 5, features training in financial planning, business development, and physical and mental wellness support, reflecting the Army’s commitment to the welfare of its veterans.

According to Lt.-Gen. Oluyede, the initiative is crucial in today’s economic climate and aims to help officers transition smoothly from military service to civilian stability.


🏷️Tags: Nigerian Army, Veterans Affairs, Pre-Retirement Training, COAS Oluyede, Military Welfare
#NigerianArmy #RetirementPlanning #VeteransSupport #DefenceNigeria #ZigDefence

 

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