PenCom Commits N300bn to Infrastructure Development

Pension Contributors Hit 11.18m in First Quarter

Total Retirement Savings Account registrations under Nigeria’s Contributory Pension Scheme reached 11,183,475 at the end of March 2026. The National Pension Commission confirmed the figure in its first-quarter report released on Monday, 24 August 2026. Enrolment expanded on the back of 143,248 new accounts opened during the three-month period. That intake outpaced the 114,864 registrations…

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PenCom Warns of Pension Crisis in 23 States

Despite widespread legislation across Nigeria’s 36 states, only seven states and the Federal Capital Territory are fully implementing pension reform laws, the National Pension Commission has revealed, leaving millions of civil servants facing an uncertain retirement future. PenCom Director-General Mrs Omolola Oloworaran made the disclosure on Thursday in Abuja during the maiden bi-annual consultative session…

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FG Orders MDAs: Full Compliance in Pension Verification Drive

  Faced with worryingly low turnout in a nationwide exercise critical to settling long-standing retirement obligations, the Federal Government has issued a firm directive to Ministries, Departments and Agencies to ensure full compliance with an ongoing pension verification and enrolment programme for civil servants with accrued pension rights. The National Pension Commission, PenCom, confirmed that…

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