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PenCom Targets Pension Coverage for All Nigerian Workers

The National Pension Commission says about nine in 10 Nigerian adults remain outside formal pension arrangements, despite pension participation rising from 7.8 per cent in 2023 to 9.1 per cent in 2026. The post PenCom targets pension for ev

Afroconomy Intelligence•
1 min readAI Summary
PenCom Targets Pension Coverage for All Nigerian Workers
Credit: Premium Times Economy

The National Pension Commission (PenCom) says roughly nine in 10 Nigerian adults remain outside formal pension arrangements, even as participation rose from 7.8% in 2023 to 9.1% in 2026. PenCom is seeking data from the Enhancing Financial Innovation and Access (EFInA) initiative to support its goal of extending pension coverage to every working Nigerian.

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#Nigeria#Banking and Finance

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