Tag: #ContributoryPensionScheme
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NIGERIA’S PENSION SCHEME TRANSFORMS RETIREMENT SECURITY, PENSIONS HIT N14.8B MONTHLY
PenCom’s CPS boosts coverage and benefits while ensuring timely payments and better welfare. PenCom DG Omolola Oloworaran hailed Nigeria’s Contributory Pension Scheme (CPS) for revolutionizing pensions over 20 years, covering 10 million Nigerians and growing assets to over ₦25 trillion. Monthly pensions rose from ₦12.16 billion to ₦14.84 billion in June 2025, with zero waiting…
