Status of Contributory Pension Assets as at end of April 2020

June 7, 2020 PensionNigeria

Contributory Pension Assets increased by approximately N250 Billion in April 2020 compared to a decrease of N180 Billion in March 2020.

The total assets under the Contributory Pension Scheme increased to approximately N10.58 Trillion as at the end of April 2020 compared to the N10.33 Trillion as at end of March 2020.

The Top 7 places pension funds were invested as at April 2020 are;

FGN Securities N7.01 Trillion (66.25%)
Local Money Market Securities N1.67 Trillion (15.78%)
Corporate Debt Securities N739b (6.99%)
Domestic Ordinary Shares N488b (4.62%)
Real Estate Properties N222b (2.10%)
State Govt. Securities N158b (1.50%)
Cash & Other Assets N94b (0.88%)