A Competency-Based Financial Literacy Framework for Military Leadership in Nigeria

Abstract

This paper proposes a Competency-Based Financial Literacy Framework tailored for military leadership development in Nigeria. Recognizing the expanding role of military officers in fiscal governance, procurement oversight, and resource allocation, the study responds to the critical need for structured financial education within the Nigerian Armed Forces. The analysis begins by establishing the strategic importance of financial acumen in defence institutions, revealing significant gaps in economic awareness, budgeting ethics, and institutional training curricula. Grounded in competency-based education theory and international best practices from defence establishments such as NATO, the U.S. defence Acquisition University, and the UK Ministry of Defence, the paper presents a comprehensive framework structured around three core pillars: financial acumen, ethical budgeting, and economic situational awareness. The framework emphasizes rank-sensitive learning outcomes and modular delivery formats that blend traditional instruction with digital learning and embedded assignments. Additionally, it recommends policy-backed institutionalization mechanisms, including partnerships with academic institutions and performance-based assessments. Strategically, the model aims to elevate defence governance, improve budget discipline, reduce fiscal mismanagement, and 1. Introduction 1.1 Background build public trust in the military’s stewardship of national resources. By aligning officer education with modern financial expectations, the framework supports broader reforms in civil-military relations and contributes to national development goals through enhanced defence efficiency and ethical leadership.