Abuja, Nigeria – July, 2025 — The National Pension Commission (PenCom) has disclosed plans to expand its investment portfolio by venturing into private equity and other alternative asset classes, as part of efforts to improve returns on pension assets and ensure long-term sustainability.
This strategic shift comes amid growing interest in diversifying Nigeria’s pension fund investments beyond traditional instruments such as government securities and money market instruments.
According to PenCom, the move aims to strengthen the resilience of the pension industry, drive higher yields, and support critical sectors of the economy through equity participation in viable businesses. The commission is exploring regulatory frameworks that would enable Pension Fund Administrators (PFAs) to responsibly invest in private equity, infrastructure, and other emerging sectors while safeguarding contributors’ funds.
The Commission reiterated that all investment activities will continue to be guided by strict risk management principles and global best practices to ensure safety and consistent growth of the pension fund assets, currently valued at over ₦18 trillion.
The proposed diversification aligns with the broader national objective of channeling pension funds toward productive sectors of the economy, such as housing, technology, agriculture, and industrial development.
