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Police pension fund weighs Dangote Refinery investment

The Nigeria Police Force Pensions Limited is considering investment opportunities in Dangote Petroleum Refinery and Petrochemicals as part of efforts to diversify its portfolio and sustain returns for police personnel and retirees.

The Acting Managing Director of NPF Pensions, Muhammed Dutse, disclosed this in Abuja on Monday during activities marking the 2026 Customer Service Week.

Dutse said the pension fund administrator was exploring alternative investment opportunities as declining interest rates could affect returns from traditional fixed-income and bank instruments.

“As you can see recently, there’s a lot of hype around Dangote Petroleum Refinery and Petrochemicals. So, we also look up to that as well,” he said.

He explained that the company’s investment strategy would combine equities with private equity, infrastructure funds and other alternative assets rather than depend heavily on returns from bank deposits.

“There are private equity funds, there are infrastructure funds, there are so many investment windows, alternative

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