Director-General of the National Pension Commission, Omolola Oloworaran.
Nigeria’s pension assets have increased by 51 per cent over the past two years, rising from N20.7tn to N31.48tn, according to the Director-General of the National Pension Commission, Omolola Oloworaran.
Oloworaran disclosed this on Tuesday during the Meet the Press briefing organised by the Presidential Communications Team at the Presidential Villa, Abuja, attributing the growth to renewed public confidence in the country’s contributory pension scheme.
She said the increase represents N10.7tn in additional retirement savings accumulated within the period.
“Every successful pension system on Earth is built on a simple foundation: confidence. Confidence that contributions are safe, confidence that institutions work, confidence that after decades of honest labour, retirement will bring security, not uncertainty,” she said.
