PenCom clears pension arrears for 957,000 as assets rise 51% to N31.5tn
The National Pension Commission of Nigeria has settled arrears for 957,000 pensioners while reporting a 51% increase in pension assets to N31.5 trillion. The growth is attributed to increased confidence in the Contributory Pension Scheme and the addition of over 900,000 new contributors.
Why it matters
This represents a significant stabilization of Nigeria's social security infrastructure and indicates improved fiscal management of national retirement funds.
Home Companies & Markets Companies Markets Economy Agriculture Aviation Banking Maritime Real Estate Transportation Legal Business Research post Hek Tax Calculator Tax360 Cooking BD Conferences BD Foundation BDTV Live Subscribe to our Premium --> X
The article reports on official government data and statements without editorializing or taking a political stance.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in