Inspite of the harsh operating business environment in the outgone year 2022, the nation’s pension fund assets may have risen by N1.2trillion by December 31, 2022, LEADERSHIP can exclusively reveal.
This is despite the fact that some states and private sector players were unable to fully settle their outstanding pension liabilities.
The pension fund assets stood at N13.6trillion as at the end of January 2022, and was N14.58trillion as at October, 2022 which is the latest figure released by the National Pension Commission (NAICOM), with pension fund operators optimistic the figure will rise to N14.8trillion by year end.
By this, the assets would have risen by N1.2 trillion in 2022, growing by N200 billion when compared to N1 trillion the assets grew in 2021.
