This article assessed the relevance of Adekanye’s book titled “The Retired Military as Emergent Power Factor in Nigeria” to contemporary Nigeria. The eight chaptered book examined the growing power and influence of top retired military officers in Nigeria in every sector of the economy due to their wealth, ex-military connection, skill, prestige and experience. It posits that the military retirees are grouped into two contradictory categories, the growing rate of military retiree has been on the increase since 1966, the retired military are found virtually in every aspect of human endeavour and compete with those in the social group in political scene, and are fast emerging as new elite of power, with considerable influence in decision making that deals with issues of high politics. All these assumptions were correct except that few top military retirees have since 1999 emerged as the ruling elite and even though they are not physically in power now have to a great extent determined who occupied the site of power. The Peoples’ Democratic Party which is the leading political party have been greatly influenced by these rich and influential retired military officers who at all cost ensure that their candidates win the elections. With the appointment of a new INEC chairman, the review of the electoral act, and the campaign for free and fair election, it is believed that a new set of elite will emerge that will awaken political development in Nigeria.