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Pension Assets Hit N16.76tn, Recorded N1.7tn Growth in Q1 2023, Says PenCom

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Pension Assets Hit N16.76tn, Recorded N1.7tn Growth in Q1 2023, Says PenCom

04 Aug, 2023

 

The National Pension Commission (PenCom) has disclosed that pension assets have hit an all-time of N16.76 trillion after achieving N1.77 trillion growth in the first half of this year, compared with the N14.99 trillion it was in December 2022.

The Director General PenCom, Aisha Dahir- Urmar, who disclosed this at the 2023 journalists’ conference organised by the commission in Lagos, said PenCom’s proactive regulatory approach made the significant growth possible having strengthened its oversight and governance of pension funds, promoting transparency, accountability and safeguarding the interests of pension contributors.