8.13m Nigerian Workers Registered Under The Pension Scheme As At Q2 2018 – NBS

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Nigeria’s Pension Asset and RSA Membership Data Q2 2018 reflected that 8,136,202 workers are registered under the pension scheme compared to 7,975,976 registered workers in Q1 2018 while the Pension Fund Asset under Management as at Q2 2018 stood at N8,232mln as against N7,943mln in Q1 2018.

FGN Bonds has the highest weight percentage of 49.08% of the total pension fund assets and closely followed by treasury bills with 20.76% weight and domestic ordinary Shares with 8.62% weight while green bonds has the least with 0.09% weight.

Participants within the age distribution 30-39yrs have the highest percentage composition closely followed by participants within the age bracket of 40-49yrs and 50-59yrs while participants above 65years has the least percentage composition.

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