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The National Pension Commission, PenCom says its asset size stood at N16.76 trillion at the end of the third quarter of 2023.
The Director General of PenCom, Aisha Dahir-Umar disclosed this recently at an interactive session on the contributory Pension Scheme, CPS, with the Private sector in Kano.
Dahir-Umar, represented by the Commissioner of Administration, Dr Umar Farouk Aminu noted that the number of Savings Accounts (RSAs) under its CPS stood at 10 million.
She said the commission has continued to record giant strides towards ensuring the smooth implementation of the CPS through the revision of existing regulations and guidelines.
“At the end of the third quarter of 2023, the number of RSAs under the CPS stood at 10 million, and the size of the pension Asset Under Management amounted to N16.76 trillion.
“Accordingly, the contributions of the Organised Private Sector (OPS) in this regard cannot be overemphasised,” she said
