The Minister of Defence, Christopher Musa, has announced that Nigerian soldiers now earn a minimum monthly salary of N100,000 following a recent review of their welfare by the Federal Government.

Speaking on News Central, Musa said: “When they started, a soldier was collecting N49,000 monthly. We tried so hard, now he’s collecting N100,000.” He stated that despite the improvement, the military remains underfunded.

The minister also advocated for the death penalty for kidnappers, saying weak laws embolden criminals. He alleged that bandits holding Oyo pupils are using them as leverage to secure the release of their commanders in military custody.

Key Points:

Soldiers’ salaries more than doubled from N49,000 to N100,000 monthly
The military remains underfunded despite improved personnel welfare
The minister backs the death penalty for kidnappers to deter crime
Oyo abductors are using children as leverage to free detained commanders
The minister dismissed allegations of poor feeding in the military

The salary increase is expected to boost troop morale. However, the military still faces funding challenges as it continues counter-terrorism operations.

Sources: News Central

Flutterwave co-founder Iyinoluwa Aboyeji has sparked debate after claiming that investing is “for lazy people” and that he prefers building businesses himself.

Speaking on the Afropolitan Podcast, Aboyeji said he has never heard of Elon Musk “really investing in anything,” arguing that the world’s most successful entrepreneurs built companies rather than investing in other people’s ventures.

He said his experience investing in other founders produced “shaky” results, adding that the problems he wants to solve are “too important for a bunch of founders who just want to ride the big car and japa.” He concluded: “If you can help build, why don’t you just build?” Critics pointed out that his own business grew because of investors.

Key Points:

Aboyeji argues that building businesses is better than investing in others
He cited Elon Musk as an example of a builder, not an investor
His experience investing in other founders produced “shaky” results
Critics highlight the irony that his own business grew through investors
The statement has generated significant debate about wealth creation models

Aboyeji is shifting toward building and operating businesses directly rather than merely investing. The debate over building versus investing continues to divide opinions.

Sources: Afropolitan Podcast