The National Pension Commission (PenCom) says the total assets under the Contributory Pension Scheme (CPS) rose to N23.33 trillion as of March 31.
Mr Saleem Abdulrahman, Director of Surveillance, PenCom, disclosed this on Thursday in Lagos.
Abdulrahman said that the figure represented an increase of ₦820 billion when compared with the ₦22.51 trillion recorded as of Dec. 31, 2024.
He attributed the growth in pension assets to additional contributions from Retirement Savings Account (RSA) holders and investment income, including gains from the appreciation of equity prices and interest income on fixed-income securities.
Breaking down the pension assets, he said the Retirement Savings Account Funds I–VI accounted for N17.90 trillion or 76.73 per cent of the total pension assets.
