The total pension fund assets, under the Contributory Pension Scheme, CPS, maintained its steady rise in January, increasing by 1.9 per cent Month-on-Month, MoM, to N28.04 trillion from N27.5 trillion recorded in December, 2025.
According to unaudited report of pension funds industry portfolio for the period ended 31 January 2026, Retirement Savings Account, RSA, registration increased by 0.4 per cent to 11,084,127 in January from 11,040,227 recorded in December 2025.
Further details of the report show that a huge chunk of the pension fund was invested in FGN securities amounting to N16.7 trillion indicating a 2.5 per cent rise from N16.3 trillion recorded in December 2025.
A breakdown of the investment in FGN securities show that investment in FGN bonds increased by 1.9 per cent to N15.7 trillion from 15.4 trillion.
Investment in Sukuk Bonds rose to N100.2 billion from N85 billion recorded in December, while green bonds rose to N18.3 billion from N16.5 billion.
State government securities got N371.1 billion, up from N370.5 billion, while money market instruments got N2.8 trillion up from N2.6 trillion.
Meanwhile, PenCom has reiterated that its core focus remains building trust in the pension system, improving investment outcomes, and ensuring pension fund administrators (PFAs) deliver inflation-plus returns to retirees and Retirement Savings Account (RSA) holders.
Director General of PenCom, Ms. Omolola Oloworaran, who disclosed this, noted that the overarching goal is to defend the rights of every retiree and RSA contributor by putting in place measures that guarantee a living wage in retirement.
On pension penetration in the informal sector, Oloworaran noted that the former Micro Pension Plan has been rebranded as the Personal Pension Plan (PPP).
She stated that regulations for the new framework were released toward the end of the third quarter, and work is ongoing with PFAs to ensure system readiness for effective implementation.
