The
Federal Government estimates that it could grow the nation’s pension assets by
almost 300 percent from $27.2 billion (about N4.216 trillion) March 2014 figure
to $100 billion (N15.5 trillion) in the next two decades.
From
a deficit of about N2 trillion (about $12.9 billion) in 2004, Nigeria has in
ten years accumulated pension assets to a record N4.216 trillion, showing some
9 percent of the nation’s old GDP and 5 percent of the rebased figure.
Speaking
on Monday in Abuja as he