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The National Pension commission recently released a draft regulation on the investment of Pension fund assets estimated at over N4.6tn by Pension Fund Administrators.
when passed into law the regulation will guide the investment of such funds in the much needed infrastructural development in the country.
This development will in addition to improving the infrastructural need in the country, also make fund available at lower cost and for longer tenure.
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1. Oil price has nosedived and is very likely to remain low for another two years due to ample global oil supplies coupled with a relatively weak economic growth - Mr. Rex Tillerson, CEO ExxonMobil Corporation, during the company’s annual investors’ conference in New York.
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