
Pension Fund Assets Hit ₦9.58trn
The National Pension Commission (PenCom) yesterday said it has grown pension funds assets to ₦9.58 trillion as at the end of September 2019.
This is even as the number of registered contributors under the Contributory Pension Scheme (CPS) has grown to 8.85 million.
The Acting Director General of PenCom, Aisha Dahir-Umar, said this yesterday at a workshop for Journalists in Benin, adding that the growth, indeed, justifies the commission’s emphasis on the safety of pension funds as the bedrock of sustaining the CPS.
Mrs Dahir-Umar also assured all stakeholders that the pension reform was steadily on course.
She said: …