Leveraging pensions to grow the Nigerian economy
31 Aug 2023 · Thought Leadership Articles
Countries that effectively invest pension funds within their own economies are able to use private sector investment, instead of debt, to fund their long-term needs, thereby creating a positive cycle of enhanced business value, increased employment, and broader prosperity.
In Nigeria, despite significant pension assets under management, most funds are currently invested in government securities, indicating room for growth. The government's financial challenges and infrastructure deficits present opportunities for private sector investments, supported by recent policy reforms.
Coronation Asset Management is committed to acting as a catalyst for impactful development within Nigeria's infrastructure landscape while ensuring sustainable returns for stakeholders. This strategic approach aligns seamlessly with the evolving market landscape, where the private sector's active participation is pivotal in addressing Nigeria's long-term financial requirements.
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