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‎Tinubu Unveils ₦25tn Pension Asset Pool to Strengthen Workers’ Security

‎Tinubu says ₦25tn pension assets signal renewed trust and security for Nigerian workers

byIjeoma Favour
April 23, 2026
in News
‎Tinubu Unveils ₦25tn Pension Asset Pool to Strengthen Workers’ Security

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‎…on healthcare, Tinubu said over 16 million Nigerians have been enrolled under programmes of the National Health Insurance Authority.

‎ABUJA, NIGERIA- The iNews Times| Bola Ahmed Tinubu has unveiled a ₦25 trillion pension asset pool as part of efforts to strengthen Nigeria’s social protection framework and ensure financial security for workers after retirement.

‎

‎Speaking at the ISSA 2026 West Africa Seminar, the President said his administration’s Renewed Hope Agenda is focused on protecting livelihoods, restoring economic confidence, and shielding citizens from financial shocks.

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‎He disclosed that over 10 million Nigerians are actively contributing to the Contributory Pension Scheme under the supervision of the National Pension Commission, with total pension assets now exceeding ₦25 trillion.

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‎Tinubu also highlighted improvements in workplace protection through the Nigeria Social Insurance Trust Fund, noting that more than 7.5 million employees are covered under the Employees’ Compensation Scheme.

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‎On healthcare, he said over 16 million Nigerians have been enrolled under programmes of the National Health Insurance Authority, reducing out-of-pocket medical expenses and improving access to care.

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‎The President further pointed to job creation efforts by the National Directorate of Employment, which has empowered over two million Nigerians through skills training and entrepreneurship initiatives.

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‎He stressed that these interventions are being integrated into a digitally enabled system aimed at delivering coordinated social and economic support, particularly for vulnerable populations.

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‎Tinubu added that strengthening communication and grassroots engagement remains key to building trust in social security systems across Nigeria and the wider West African region.

Ijeoma Favour

Ijeoma Favour

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