Nigeria, Dec. 19 -- PenCom Director General Omola Oloworaran disclosed in Lagos that the bond, approved earlier this year, has been fully cashed and applied to outstanding pension obligations. She confirmed that more than N600 billion has already been disbursed to beneficiaries, describing the exercise as a significant milestone for the sector.



She also revealed that pension assets under management have grown to about N27 trillion, driven by policy reforms and tighter governance under the commission's ongoing transformation agenda. According to her, the reforms are focused on rebuilding trust, expanding pension coverage and improving operational efficiency across the contributory pension scheme.



The News Chronicle understands that...