Pension cash floods infrastructure as assets triple

Nigerian pension fund managers have tripled their exposure to infrastructure over the past five years, driven by better project structuring, rising returns, and a more supportive regulatory environment.

Investments in infrastructure funds surged 218 percent in the five years through 2020, hitting N207.58 billion in February 2025, data from the National Pension Commission shows. That’s a 37.6 percent increase this year alone.

Although the amount may pale in comparison to total assets of N23 trillion, pension funds can only invest 5 percent

To read more, subscribe here.