Country | |
Publisher | |
ISBN | 9789787816417 |
Format | PaperBack |
Language | English |
Year of Publication | 2023 |
Bib. Info | 182p. Includes Index |
Categories | Economics/Development Studies |
Product Weight | 300 gms. |
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Nigeria's pension reform can be summarised in two stats. One, in July 2004 when the reform was kickstarted, national pension deficit was N2.4 trillion. Two, by June 2023, accumulated pension assets had grown to N16.76 trillion. It was miserably in the red and now abundantly in the black. That is the Nigerian pension revolution in summary. In the history of economic reforms in Nigeria, pension easily ranks among the most definitive and successful. It has opened up a new economy, creating a cluster value chain, expanding the financial markets and providing funding for infrastructural development. Only the telecoms reform can lay claim to producing more results during the same period. The phenomenal journey to the success stories of the reform is told authoritatively in this book from a pioneer insider's perspective.