By Correspondent.
The National Pension Commission (PenCom) has launched a new programme, tagged Revolution 2.0, aimed at increasing retirees’ pay, expanding pension coverage, and strengthening dignity for pensioners across Nigeria.
The Director General of PenCom, Ms. Omolola Oloworaran, disclosed this in a statement recently.
She explained that the initiative seeks to guarantee a minimum pension floor, provide health insurance for retirees, and optimise investment performance while safeguarding contributors’ funds to ensure sustainable long-term returns.
“Pension Revolution 2.0 is the most significant advancement since 2004, bold in ambition yet evolutionary in practice. It ushers in a new era of dignity for retirees, inclusion for every Nigerian worker, and resilience for our national economy,” Oloworaran stated.
The new programme also targets wider coverage, bringing workers in the informal sector under the pension net for the first time.
This development follows PenCom’s recent release of the Revised Guidelines on Appointment to Board and Senior Management, as well as the Revised Guidelines on Corporate Governance.
Edited by Dada Ahmed.
