Nigeria. Micro pension surges nine-fold as tech drives adoption
The Micro Pension Plan (MPP), otherwise known as the Personal Pension Plan (PPP), has grown nine-fold in four years, driven by technology and increased awareness. The plan grew from N168.63 million in 2021 to N1.46 billion in 2025, according to data from the National Pension Commission (PenCom), reflecting that Nigerians are taking steps to secure their future. This trend has also been seen in the voluntary contributions segment under the Contributory Pension Scheme (CPS), where participation grew steadily from 844 Retirement Savings Acco
The Micro Pension Plan (MPP), otherwise known as the Personal Pension Plan (PPP), has grown nine-fold in four years, driven by technology and increased awareness. The plan grew from N168.63 million in 2021 to N1.46 billion in 2025, according to data from the National Pension Commission (PenCom), reflecting that Nigerians are taking steps to secure their future. This trend has also been seen in the voluntary contributions segment under the Contributory Pension Scheme (CPS), where participation grew steadily from 844 Retirement Savings Acco
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