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Banking | Finance

Nigerian Army, GTBank Strengthen Partnership To Advance Troop Welfare

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The Chief of Army Staff, COAS, Lieutenant General Waidi Shaibu, has reaffirmed the Nigerian Army’s commitment to strategic public-private partnerships to improve personnel welfare, institutional resilience, and operational effectiveness.

He made this known on Thursday, 30 July while receiving a delegation from Guaranty Trust Bank, GTBank, led by its Executive Director, Mr. Ahmed Liman, during a courtesy visit to Army Headquarters in Abuja.

The COAS described GTBank as a dependable institutional partner whose financial services continue to support the Nigerian Army’s transformation drive by promoting financial inclusion, improving administrative efficiency, and enhancing the welfare of personnel.

He noted that with Presidential approval for increased recruitment and the ongoing expansion of the Nigerian Army, there is need for a responsive, technology-driven banking system to provide seamless financial services to personnel across formations nationwide.

General Shaibu commended GTBank’s leadership in digital banking and expressed confidence that a stronger partnership would further improve service delivery while supporting the Army’s operational readiness.

In line with the Nigerian Army’s “Soldier First” welfare philosophy, the COAS urged GTBank to expand its Corporate Social Responsibility initiatives to include support for wounded-in-action personnel, widows and orphans of fallen heroes.

He also requested the deployment of Automated Teller Machines, ATMs, to newly established and remote military barracks to improve access to banking services, reduce unnecessary troop movement, and enhance operational responsiveness.

Earlier, the Executive Director of GTBank, Mr. Ahmed Liman, applauded the Nigerian Army for its commitment to defending Nigeria’s sovereignty and safeguarding citizens.

He reaffirmed the bank’s readiness to deepen collaboration by providing tailored financial solutions that support the Service’s operational and administrative requirements, while ensuring full compliance with the Treasury Single Account, TSA, policy.

Mr. Liman highlighted GTBank’s specialised services for government institutions, including dedicated trade desks for processing Letters of Credit to facilitate defence procurement, secure digital platforms for salary administration and contractor payments, and institutional funds management solutions.

He also presented the bank’s military-focused products, notably the GT Patriot Account, which provides waived banking charges and concessionary lending rates for personnel, as well as GT Pensions Management services designed to optimise Retirement Savings Accounts and enhance long-term financial security for Nigerian Army personnel.

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