Pension Funds Commit N241bn to Infrastructure

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Pension Funds Commit N241bn to Infrastructure

LAGOS — Nigerian pension funds have committed N241 billion to infrastructure through a consortium set up with FSD Africa, and the figure could approach N300 billion, PenCom Director-General Omolola Oloworaran said after a meeting of the pension industry leadership council. She said these are commitments, not yet investments, and that the first tranche should be deployed by the second quarter of 2027.

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