• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, August 4, 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

Pension Fund Assets Rise By N843bn In H1, 2022

by Zaka Khaliq
3 years ago
in Cover Stories, Featured, News
PENCOM DG Aisha
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria’s pension fund assets rose significantly by N843billion in the first half of the current year, increasing  from N13.42 trillion in December 2021 to N14.27 trillion as at the end of June, 2022, the first half of the year, LEADERSHIP learnt.

Advertisement

This is even as 266,830 fresh workers from public and private sectors joined the Contributory Pension Scheme(CPS), in the first half of the current year.

In a latest data sourced from the National Pension Commission (PenCom), total pension funds increased by 6.28 per cent from N13.42 trillion as of December 2021 to N14.27 trillion as of June 2022.

Similarly, Investments in corporate debt securities rose significantly by 26.11 per cent to N1.19 trillion in the period under review (year-to-date) while PFAs increased their investments in real estate by 50.66 per cent to N236.2 billion as of June 2022 from N156.8 billion recorded as of the beginning of the year.

The report said that investments in private equity funds dipped slightly by 0.24 per cent to stand at N38.87 billion from N38.96 billion. Also PFA allocations to FGN securities stood at N9.01 trillion, a 2.67 per cent increase from N8.77 trillion in December 2021and investments in FGN securities accounted for about 63 per cent of the total pension fund.

RELATED

PPDC Launches $4,000 Grant For Investigative Journalists

PPDC Launches $4,000 Grant For Investigative Journalists

20 minutes ago
Nyanya/Karu Residents Laud Wike Over Restoration Of Potable Water

‘Pray For Me Daily, I Deal With Lawless Elite,’ Wike Tells FCT Residents

22 minutes ago

The RSA fund II accounted for most of the fund contribution with N6.24 trillion, representing 43.7 per cent of the total pension funds, followed by RSA Fund III with N3.86 trillion, which represents 27 per cent of the total assets and existing schemes accounted for 10.1 per cent of the total funds, increased by N85.78 billion to stand at N1.44 trillion, while the CPFAs accounted for 10.7 per cent of the total funds, standing at N1.52 trillion as of the review period.

Only 4 States, FCT Remitting Workers’ Pension Under CPS – PenCom

Pension Fund Administrators increased their exposure in the Nigerian stock market in the first half of the year, with an additional N53.85 billion investment in the local bourse, bringing the total investments to N969.16 billion.

Investment income, according to LEADERSHIP investigation, was instrumental to this increase in pension fund assets, despite the fact that governments at majorly, State level are not paying the monthly pension contributions of their workers as and when due.

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

Meanwhile, the Retirement Savings Account(RSA) registrations increased by 2.8  per cent to stand at 9.79 million from 9.53 million recorded as of December 2021, which represents an increase of 266,830 new workers coming into the scheme in the first six months of the year.

Speaking in an exclusive interview with LEADERSHIP recently, the managing director/CEO, ARM Pensions,  Mr. Wale Odutola, said the pension fund operators have most of their investments in federal government bonds because it is the safest investment instrument that consistently gives good returns on investment.

Although, he said, each PFA has its investment model that best work for them, he added that, even with the drop in bond yields, it’s still the safest

According to him, “So, each PFA has different investment strategies and they always invest in investment outlets according to what suits their investment strategies. So, capital market is an investment outlet that we are looking at, so also is fixed income, government securities, money market instruments and so on.”

He said, though, the safety of the pension fund assets is germane to operators, they are also concerned about investment returns to pension contributors, adding that, the growth of the pension assets in recent years was attributable to investment returns rather than contributions.

This, he said, shows that operators are investing wisely, by adhering to the pension industry investment guidelines as stipulated in the Pension Reforms Act(PRA) 2014, stating that, PFAs will continue to play active role in the capital market transactions in the current year.


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: PenCom
SendShareTweetShare
Previous Post

ISACA Honours Legends At 2022 Awards

Next Post

Surveyors Counsel FG On Mapping, Insecurity

Zaka Khaliq

Zaka Khaliq

You May Like

PPDC Launches $4,000 Grant For Investigative Journalists
News

PPDC Launches $4,000 Grant For Investigative Journalists

2025/08/04
Nyanya/Karu Residents Laud Wike Over Restoration Of Potable Water
News

‘Pray For Me Daily, I Deal With Lawless Elite,’ Wike Tells FCT Residents

2025/08/04
PICTORIAL: Ex-Soldiers Protest, Demand Outstanding Entitlements In Abuja
News

PICTORIAL: Ex-Soldiers Protest, Demand Outstanding Entitlements In Abuja

2025/08/04
Arsenal Launch ÂŁ42.5m Swap Deal For Lookman
News

Atalanta CEO Confirms Pact Lookman Amid Transfer Speculation

2025/08/04
1 Feared Killed In Fresh Communal Clash Between Osun Communities
News

Travels: Osun Gov’t Denies Misuse Of Public Funds

2025/08/04
UBEC Engages SUBEBs Chairmen On Open School Implementation
News

Coalition Asks UBEC Boss To Resign Over Alleged Infractions

2025/08/04
Leadership Conference advertisement

LATEST

PPDC Launches $4,000 Grant For Investigative Journalists

‘Pray For Me Daily, I Deal With Lawless Elite,’ Wike Tells FCT Residents

PICTORIAL: Ex-Soldiers Protest, Demand Outstanding Entitlements In Abuja

Atalanta CEO Confirms Pact Lookman Amid Transfer Speculation

Travels: Osun Gov’t Denies Misuse Of Public Funds

Coalition Asks UBEC Boss To Resign Over Alleged Infractions

PDP Must Uphold Outcome Of South-South Congress — Wike

How To Check 2025 WAEC Result Online

BBNaija S10: Thelma Emerges First Female Head Of House

Police Neutralise Notorious Kidnapping Suspect In Akwa Ibom

© 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.