PenCom in partnership with Finance Ministry for sustainable economic growth through pension Inclusivity

 


PenCom’s DG, Oloworaran and Finance Minister Edun


By allcitynews.ng

The efforts to consolidate the growth and development of the economy through pension inclusivity, the leadership of National Pension Commission (PenCom) has entered into partnership with Ministry of Finance.

PenCom in partnership with Finance Ministry for sustainable economic growth through pension

Just as the Director-General, Omolola Oloworaran,  reaffirmed that the institutional collaboration with the Ministry of Finance will further bring expected consolidation of the economy.

She made this known  during a courtesy visit to the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

The meeting, held at the minister’s office, focused on strengthening Nigeria’s pension system, mobilising long-term domestic capital and aligning pension sector reforms with the broader economic stabilisation and growth agenda of President Bola Tinubu.

According to officials, the engagement underscored the strategic importance of pension assets in supporting macroeconomic stability and financing sustainable development.

Discussions centred on enhancing regulatory efficiency, deepening the contributory pension scheme and expanding the role of pension funds in long-term infrastructure and productive sector financing.

Nigeria’s pension industry, which has grown significantly since the introduction of the contributory pension scheme, is increasingly viewed as a critical source of patient capital to support fiscal consolidation and private-sector expansion.

The renewed collaboration between PenCom and the Finance Ministry is expected to accelerate reform implementation, strengthen governance standards and ensure pension funds continue to play a stabilising role in the economy.

Analysts note that deeper coordination between fiscal authorities and pension regulators could improve capital market liquidity, boost investor confidence and enhance the resilience of Nigeria’s financial architecture amid ongoing economic reforms.

ADVERTISE Your Brand with us. Send us your press invite, Press Release/Have Breaking story with pictorial evidence? Or wants to assist us by DONATIONS? kindly contact us via  09159744240/allcitynews86@gmail.com

Goal of allcitynews.ng/allcitynews.blogspot.com:-
To interface between policy makers & general public, be most influential, informative and reliable issues-based online newspaper.

Disclaimer:
Comments expressed here do not in anyway reflect the opinions of allcitynews.ng or any employee thereof.

Comments

Post a Comment

Popular posts from this blog

๐…๐ฎ๐ฅ๐ฅ ๐๐š๐ฆ๐ž๐ฌ ๐Ž๐Ÿ ๐Ÿ๐Ÿ” ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž๐ซ๐ฌ ๐ˆ๐ง๐๐ข๐œ๐ญ๐ž๐ ๐ˆ๐ง ๐€๐ฅ๐ฅ๐ž๐ ๐ž๐ ๐‚๐จ๐ฎ๐ฉ ๐๐ฅ๐จ๐ญ ๐€๐ ๐š๐ข๐ง๐ฌ๐ญ President Bola Ahmed ๐“๐ข๐ง๐ฎ๐›๐ฎ

Image
  The Defence Headquarters (DHQ) has released the full list of 16 officers of the Armed Forces of Nigeria who were indicted by a Special Investigative Panel over allegations of serious misconduct, including an alleged plot to overthrow the government of President Bola Tinubu. The Director of Defence Information, Major General Samaila Uba, disclosed on Monday that the panel had concluded its investigation and found that several of the officers had cases to answer. He said the affected personnel would now face a military Court Martial in line with established procedures and extant regulations. Major Gen. Uba said the investigation examined the circumstances surrounding the conduct of the officers and identified actions that were “inconsistent with the ethics, values and professional standards expected of members of the Armed Forces of Nigeria,” stressing that the process was purely disciplinary and aimed at preserving internal discipline, cohesion and operational effectiveness. Below...
Read more

BRT Mass Transist, Commuters lament against new style, describe new system as strange, anti-people

Image
  Passengers on  queue waiting by the side of BRT  without  being allowed to enter  on  Tuesday 17 June  By allcitynews.ng Passengers are facing toughest period in history of public transportation in Lagos State, as the management team of Lagos Bus Rapid Transit (BRT) suddenly injected unfriendly operating system. The BRT, being regulated by the Lagos Metropolitan Area Transport Authority (LAMATA) suddenly brought in, a change in the way the public mass transist,  being operated by Primero Transport Services Limited introduced strange way whereby passengers are meant to stay in long queues inside hot weather or  inside raining period. Allcitynews.ng findings discovered that the new style, mostly being used in Tafawa Balewa Square, Leventis Bus- Stop, Yaba and Berger Bus terminals, is applicable to commuters on Ojodu Berger along Lagos-Ibadan Expressway Road route. Passengers standing inside the bus, 17/06/25 In a chat with allcitynews.ng...
Read more

How God of MFM gave me turnaround breakthroughs, kunu seller, now Super Falcons Captain, Rasheedat Ajibade

Image
   By allcitynews.blog  In apparent bid to give all the glory and praise to God Almighty for using Mountain of Fire and Miracles Ministries as tool for her turnaround breakthroughs, Captain of the Super Falcons’ at the just concluded WAFCON Cup, Rasheedat Ajibade, stormed the monthly Power Must Change Hands (PMCH)  taking place in Mountain of Fire and Miracles Ministries, Prayer City with the  story of how God through Dr Daniel Kolawole Olukoya and his wife, Dr Shade Olukoya ministrations, changed her from "nobody to somebody". Announcing the wonderfulness of God during the August PMCH on Saturday August 2, 2025, to the large congregations that took part physically and those that hooked to the programme via social media,  Ajibade she narrated her grass to grace story while celebrating their victory at WAFCON 2025 in Morocco. In her testimony, she pointed out that her growth and exposure to spiritual warfare through her mother and the General Overseer of MFM...
Read more