PFAs to Invest in Infrastructure, Equity Market to Boost Economic Growth

Ebere Nwoji

Pension Fund Administrators (PFAs) are looking to invest a substantial part of its over N28 trillion assets in the capital market and infrastructure as a way of contributing to the general economic development of the country

The sector’s investment in capital market currently stands N4 trillion, a major shift from previous stand, which do not favour investment in stocks and infrastructure.

Director General of the National Pension Commission (PenCom), Omolola Oloworaran, believe the choice of infrastructural to invest pension funds is part of efforts towards Nigeria’s economic development.

She stated this while addressing the media at the first Quarter 2026 Pension Industry Leadership Council (PILC) held in Lagos.

“If the economy does well, pension sector will do well infrastructure addresses gaps in housing, creates job opportunities, gives the people financial capacity to be able to save so infrastructural vestment is a win win business because it appreciates a lot,” she explained.

She said pension fund administrators would continue to diversify their investment portfolio, hence, seeing equities market as an outlet that would  give good returns.

According to her, unlocking infrastructure financing through the proposed Nigerian Pension Industry Investment Consortium, which aims to channel pension funds into bankable national development projects while ensuring risk mitigation and sustainable returns, is a major concern to the commission.

She emphasised that investments in infrastructure would not only bridge critical gaps in the economy but also create jobs, boost productivity, and enhance long-term returns for pension contributors.

She further said, the council would accelerate digital transformation across the industry, strengthen cybersecurity frameworks, and update risk management systems in response to emerging challenges.

Oloworaran, also said deepening financial inclusion in the pension industry through the Personal Pension Plan (PPP), particularly targeting the informal sector was a major concern of the commission.

She was optimistic that nationwide sensitisation campaigns conducted across the six geopolitical zones have significantly increased participation, especially among women and small-scale entrepreneurs and would go further long way to enable the commission fulfil its dream of sweeping every Nigerian worker and business owner under pension net.