Nigeria. Micro pension will create next phase of growth — Stanbic IBTC Pension boss

How will the proposed micro pension impact growth of the pension industry? 

The proposed micro pension scheme is one initiative with great potential capable of landing the industry into its next phase of growth. Regardless of the inherent challenges, the micro pension scheme has the capability to deepen asset accumulation in Nigeria considering that 70 percent of Nigeria’s working population operates in the informal sector.

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