• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Investment Experts Advocate Pension Funds Use For Economic Growth

by Olushola Bello
1 year ago
in Business
pension funds
Share on WhatsAppShare on FacebookShare on XTelegram

Stakeholders have called for the use of pension funds to drive economic growth and development agenda of the government.

Advertisement

This was stated at the 2024 Investment Advisers and Portfolio Managers’ conference with the theme, ‘Driving Economic Growth and Developmental Agenda with Pension Fund – The Roles of Investment Professionals’ held in Lagos.

Also, the International Association of Project Managers (IAPM) inducted 29 qualified Associate members into the Profession.

Speaking at the event, president/chairman of IAPM, Prince Abimbola Olashore said that the theme for this year’s conference is carefully selected to draw the attention of institutional investors especially pension funds to the huge funding gap in the infrastructure sector and the potential for high returns on investment for pension funds if well harnessed and managed.

He said that institutional investors, in particular pension funds, will play a major role in the financing of long-term productive activities that support sustainable growth in the infrastructure sector.

RELATED

Transcorp Power Seeks Cheaper Alternative To Servicing Power Turbines Abroad

Transcorp Power Posts N77.6bn Profit, Declares N11.25b Interim Dividend In H1

2 minutes ago
The Alternative Bank Commits To Long-term Economic Growth, Expands Operation

AltBank Leads March Against Plastic Pollution

3 minutes ago

Olashore however, noted that before pension funds could commit large capital to a project such as in infrastructure, there must be transparency, long term and efficient regulations governing the sector and also such investment will be made possible only if investors are able to earn adequate risk-adjusted returns and if appropriate market structures and risk-free financial securities are in place to attract pension funds.

Group managing director, Custodian Investment Plc,  Oluwole Oshin noted that “pension funds are the bedrock of retirement security for millions of people across the globe. They are not just pools of money set aside for the future. There are powerful tools that drive economic growth, stability and innovation.”

He added that investment professionals play a crucial role in ensuring that funds are managed effectively, balancing risks or returns to meet the needs of retirees whilst contributing to economic development.

He pointed out that Nigeria’s pension fund was valued as at 2023 at about N18.36 trillion, which is about $38 billion trillion, saying that these funds are amongst the largest institutional investors that hold significant stakes in major companies and assets across various sectors.

He noted that pension funds are increasingly investing in infrastructure projects, such as roads, bridges, or renewable energy installations as these investments not only provide stable long-term returns, but also create jobs, improve public services, and foster economic growth.

According to Oshin, these investments not only play a crucial role in addressing deficits, but also serve as catalysts to drive economic growth and development.

“Driving economic growth and development is a multifaceted task that requires collaboration, expertise, and innovation as investment professionals, your role is crucial in this job.”

Representing the director-general of Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, the executive commissioner (Operations), Bola Ajomale, reassured of SEC continuous support to the Association and to the growth of the capital market community.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Pension Funds
SendShareTweetShare
Previous Post

DKK Partners LIRS On Tax Education

Next Post

Azu Reviews Book On 2004 Banking Consolidation

Olushola Bello

Olushola Bello

You May Like

Transcorp Power Seeks Cheaper Alternative To Servicing Power Turbines Abroad
Business

Transcorp Power Posts N77.6bn Profit, Declares N11.25b Interim Dividend In H1

2025/07/29
The Alternative Bank Commits To Long-term Economic Growth, Expands Operation
Business

AltBank Leads March Against Plastic Pollution

2025/07/29
Rural Electrification Agency
Business

REA Establishes Renewable Asset Management Company, Targets N500bn Funding

2025/07/29
insurance
Business

Insurers Pay N266bn Claims As Gross Premium Rises By N298.5bn In Q1

2025/07/29
NDIC
Business

NDIC MD Pledges Improved Oversight, Risk Management Under New Leadership

2025/07/29
Interswitch, Providus Bank Emphasise Security In Payments Ecosystem
Business

ProvidusBank Pledges Continuous Support For SMEs

2025/07/29
Leadership Conference advertisement

LATEST

Transcorp Power Posts N77.6bn Profit, Declares N11.25b Interim Dividend In H1

AltBank Leads March Against Plastic Pollution

REA Establishes Renewable Asset Management Company, Targets N500bn Funding

Insurers Pay N266bn Claims As Gross Premium Rises By N298.5bn In Q1

NDIC MD Pledges Improved Oversight, Risk Management Under New Leadership

ProvidusBank Pledges Continuous Support For SMEs

Credicorp Empowers Union Members With Tricycles

Nigeria, Banjul Accord Nations Mark 6 Years Of Non-serious Air Accidents

Globacom Reels Out Ongoing Network Expansion Projects Across Markets

Ensure Ethical Reform, Youth Urges NBA

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.