Director-General of the National Pension Commission, Omolola Oloworaran.
The National Pension Commission has announced plans to establish dedicated revenue streams for state pension bureaus in a major push to overhaul sub-national pension compliance.
The initiative aims to incentivise state governments across the country to fully adopt and enforce the Contributory Pension Scheme.
The Director-General of PenCom, Omolola Oloworaran, disclosed the strategy during the 2026 Consultative Forum for States, the Federal Capital Territory, and Licensed Pension Fund Operators held on Tuesday in Lagos.
Addressing the core challenge of funding and operational hurdles at the sub-national level, PenCom expressed its commitment to creating sustainable financial incentives for state administrations.
