NLPC Pension Fund's Plan to Boost Informal Sector Growth

NLPC Pension Fund is implementing a personal pension plan designed to enhance growth in Nigeria's informal sector, with projections indicating an asset management increase to N624.95 billion by March 31, 2026, reflecting a 5.42% rise by the end of 2025. Managing Director Samuel Abolarin highlighted the firm's customer-centric model as a key driver of this expansion, which is part of a broader strategy to improve financial inclusion for previously underserved groups.

A client service feedback assessment conducted in December 2025 revealed a satisfaction rate of 93.5%, with no negative feedback recorded. The firm is responding to the growing demand for structured retirement savings amid a volatile economic landscape by diversifying investment strategies and strengthening risk management.

As of February 28, 2026, NLPC reported a three-year rolling return average of 16.35%, with specific funds nearing the 20% mark. The firm is also accelerating digital adoption to simplify account management and reaffirm its commitment to the future of the industry.