Pension assets hit N11.08tn

Report from the National Pension Commission revealed that the total pension assets under the Contributory Pension Scheme rose to N11.08tn as of the end of June..

The statistics showed that the bulk of the funds, amounting to N7.45tn, had been invested in Federal Government’s securities including FGN bonds, treasury bills, agency bonds, sukuk and green bonds.

Other investment portfolios where the operators invested the funds are real estate investment trusts, private equity funds, infrastructure funds, cash and other assets.

 

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