The National Pension Commission has announced plans to establish dedicated revenue streams for state pension bureaus in a major push to overhaul sub-national pension compliance.
The initiative aims to incentivise state governments across the country to fully adopt and enforce the Contributory Pension Scheme.
The Director-General of PenCom, Omolola Oloworaran, disclosed the strategy during the 2026 Consultative Forum for States, the Federal Capital Territory, and Licensed Pension Fund Operators held on Tuesday in Lagos.
Addressing the core challenge of funding and operational hurdles at the sub-national level, PenCom expressed its commitment to creating sustainable financial incentives for state administrations.
“We have listened to them, and I think there is a good point in what they are saying. We will explore ways to create income streams for state pension bureaus. It might not be in the exact form they are prescribing, but we will certainly do something,” Oloworaran said.
The move
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