The pension sector no doubt, is one of the fast growing sectors of the economy since the introduction of the funded Contributory Pension Scheme (CPS) Indeed, with the quantum of assets accumulated by the sector, Nigeria has no doubt recorded significant success in the reformation of its pension sub. Aside the quantum of assets accumulated by the sector which currently stands at N8. 14 trillion invested in various portfolio, a good sign that the country has achieved improvement in its pension sub-sector is the growing interest and awareness among Nigerians on pension matters. Indeed, every Nigerian worker, irrespective of his level, is now aware that pension benefit is a package waiting for him at retirement. The National Pension Commission (PenCom) crowned it all by perfecting plans to introduce the micro pension scheme, for informal sector operators. Read More:
Category: Market News
