The National Pension Commission (PenCom) is set to attract 60 million Nigerians in the informal sector to the pension scheme and hit N3 trillion assets growth.
PenCom said the extension of the pension scheme to the informal sector was to ensure that all Nigerians have a good life at old age.
The Head, Research and Corporate Strategy of the commission, Dr Aminu Farouk, said in Lagos that the set of Nigerians would be attracted through micro pension scheme.
Farouk said the scheme, which targeted Nigerians with low and irregular income in the informal sector, would be formally launched before the end of first quarter.
Farouk said the scheme was expected to enhance the growth of pension assets to the tune of N3 trillion by year 2024.
He said: “I have no idea how many people are expected to be registered at the launch of the Micro Pension.
“I also don’t think PenCom has any number presently.
“However, we intend to cover the entire…
Source: News Agency of Nigeria
