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Nigeria's New Pension Remittance Regime Takes Off with Strong Early Performance
The Business NG
|The BusinessNG
The recently launched pension remittance framework under the Contributory Pension Scheme (CPS) has recorded strong initial success, with increased compliance by employers and growing enthusiasm among workers across the public and private sectors.
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Rolled out by the National Pension Commission (PenCom) in Q2 2025, the new remittance structure was designed to streamline monthly pension contributions, enhance transparency, reduce delays, and expand micro-pension inclusion — especially among informal sector workers and SMEs.
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