More than 552,000 retirees in Nigeria are now receiving regular monthly pensions under the Contributory Pension Scheme (CPS), according to the National Pension Commission (PenCom).
The Commission also disclosed that total pension assets have surpassed N25 trillion, marking a milestone in Nigeria’s pension administration and its contribution to national development.
The Director-General of PenCom, Ms. Omolola Oloworaran, made this known on Thursday in Yola during a two-day sensitisation workshop on the workings of the CPS for employees and pensioners in the North-East.