The National Pension Commission says pension assets have increased to N16.76 trillion as of June 2023 — up from N14.27 trillion recorded in 2022.The commission disclosed this at a one-day workshop organised for journalists in Lagos on Thursday.
“PenCom’s proactive regulatory approach has strengthened the oversight and governance of pension funds, promoting transparency, accountability and safeguarding the interests of pension contributors,” she said.“Consequently, pension assets have risen by N1.77 trillion in the first half of 2023, from N14.99 trillion in December 2022 to N16.76 trillion at the end of June 2023.
Dahiru, speaking on the commission’s responsibilities in improving service delivery, said PenCom would continue to intensify efforts in ensuring more workers are provided with their rights and get their benefits as and when due.He also said the commission seeks to tackle challenges such as service culture, non-functional call centres, inadequate spread of pension fund administrators branches or service centres and infrastructure.
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