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Nigeria's Pension Assets Hit N25 Trillion, Driving National Development

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Nigeria's Pension Assets Hit N25 Trillion, Driving National Development

The Director-General of PenCom, Omolola Oloworaran, announced that Nigeria's pension assets have exceeded N25 trillion, supporting the nation's development through strategic investments. The workshop in Kano, jointly organized by PenCom and NSIWC, aimed to enhance the welfare of retirees.

Recent interventions by PenCom, such as the Pension Revolution 2.0 initiative, have improved efficiency in pension payments, benefiting over 552,000 retirees. Hafiz Kawu Ibrahim highlighted the reintroduction of civil servant bond issuance and zero wait time for pension payments.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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