Pension Assets Gain N3.97trn In 10 Months As ‘Revolution’ Kicks Off

From the previous Independence Day celebration in 2024 till August 2025, pension fund assets have gained N3.97trillion, translating to a 17 per cent increase within the 10-month review period.

The nation’s pension assets rose from N21.92 trillion in October 2024 to N25.895trillion in August 2025, according to onethe latest figure released by the National Pension Commission (PenCom).

Available data showed that the Fund was N22.25 trillion in November 2024, N22.51 trillion in December 2024, N22.86 trillion in January, 2025; N23.26trillion in February 2025 and N23.32 trillion in March 2025. In April 2025, it went up to N23.65trillion, while in May 2025, it soared to N24.01 trillion. In June 2025, it went up to N25.89 trillion, while July 2025 was equally lovely with the N24.69 trillion assets. In August 2025, the pension fund assets rose to N25.895trillion in August 2025…

According to LEADERSHIP checks, investment income was instrumental to the continuous growth in the pension fund. However, the state level is not paying the monthly pension contributions of its workers as and when due.

According to findings, the increase was attributed to new pension contributions received, interest from fixed income securities, and net realised gains on equities and mutual fund investments.

This is even as the National Pension Commission (PenCom) has launched Pension Revolution 2.0, a transformative programme of reforms that builds on two decades of progress to guide Nigeria’s pension industry into its next phase of growth and resilience.

To this end, the director general of PenCom, Omolola Oloworaran, noted that Pension Revolution 2.0 ushers in a new era of dignity for retirees, inclusion for every Nigerian worker and resilience for the national economy.

“This programme is guided by the vision of President Bola Ahmed Tinubu, who has directed that our pension system must enable dignity in retirement, broaden access for all Nigerians, and mobilise long-term savings as reliable capital for national development,” she said.

On the growth in pension assets, she stated that “the progress demonstrates the strength of our contributory pension system, but we are not without challenges. Inflation, for instance, continues to erode the purchasing power of pensioners, and we are actively seeking innovative solutions to address this issue.”

She added that the pension industry continues to face the persistent issue of delays in the payment of accrued rights, noting that “we are working with the Federal Government to put in place a sustainable solution that ensures retirees receive their benefits promptly and without undue stress.”