PenCom Highlights Pension Reforms, Progress At State House Media Briefing

PenCom Highlights Pension Reforms, Progress at State House Media Briefing The Special Adviser to the President on Information and Strategy, Bayo Onanuga, and the Director-General of the National Pension Commission PenCom, Omolola Oloworaran, on Tuesday, July 14, 2026, addressed journalists at the State House during a media briefing focused on the activities, reforms and achievements of the commission. The briefing provided an opportunity for PenCom to highlight developments within Nigeria’s pension industry, including efforts to strengthen the administration of retirement savings, improve regulatory oversight and enhance confidence in the Contributory Pension Scheme. Oloworaran outlined the commission’s commitment to expanding pension coverage, improving service delivery and ensuring that pension assets are managed in a secure and transparent manner. She noted that ongoing reforms are aimed at making the pension system more accessible, efficient and beneficial to contributors and retirees.

She also emphasized the importance of collaboration among government institutions, pension operators, employers and workers in building a stronger pension framework that supports long-term financial security for Nigerians.Onanuga, who coordinated the media engagement, reiterated the Federal Government’s commitment to communicating policy developments and promoting accountability through regular engagements with stakeholders and the public.

The officials said continued reforms in the pension sector would contribute to broader economic stability by encouraging savings, strengthening investment and supporting Nigeria’s financial system.

The State House briefing forms part of ongoing efforts by government agencies to provide updates on key programmes, policies and institutional activities affecting Nigerians.