PenCom boss Omolola Oloworaran just unveiled a game-changing one-year scorecard at Abuja’s Pension Revolution Summit: the FG’s N758 billion bond—greenlit by President Tinubu in February—is now cashing out over N600 billion to wipe pension arrears, skyrocketing industry assets to N27 trillion via bold Pension Revolution 2.0 reforms that rebuilt trust and coverage.
She’s turbocharged the sector with automated certificates, benefit platforms and a leadership council syncing PFAs for innovation; Pension Post 1.0 pumped N2.68 billion monthly to CPS retirees since June, while rebranding micro pensions as Personal Pension Plans hooks artisans, traders and creatives—plus accredited agents creating youth jobs for financial inclusion.
Recovery squads clawed back N32.27 billion (N15.87B principal + N16.4B penalties) from defaulters since 2012, with Q3 2025 alone nabbing N2.06B from 49 laggards—chasing full state compliance (only 8/36 on board) and keeping Police in CPS with fixes, proving structural shifts are future-proofing Nigeria’s pensions for stability.
Leave a comment