Ms. Oloworaran made this pledge on Thursday, September 25, 2025, when she led a PenComdelegation on a courtesy visit to the NUP headquarters in Abuja. The team included the Acting Commissioner,

Inspectorate, Mr. Samuel Chigozie Uwandu, and other senior management staff.

Speaking during the visit, the PenCom DG lauded the NUP for its unwavering advocacy on behalf of pensioners.

She noted that the Union’s representation on PenCom’s Governing Board has been instrumental to the effective implementation of the Contributory Pension Scheme (CPS).

She assured the Union that PenCom remained resolute in its mandate to safeguard the retirement benefits of Nigerian workers.

The PenCom DG saidall outstanding pension increases approved by the Federal Government would be implemented this year, backed by the N758 billion bond approved by President Bola Ahmed Tinubu.

She added that the funds would soon be made available for payments to commence.

Furthermore, she said PenCom and NUP share a common mission — the protection and welfare of pensioners.

She tasked the Union to continue to collaborate with PenCom to ensure that retirees enjoy the dignity and security they deserve after years of service to the nation.

In his response, the President of NUP, Comrade Godwin Ikechukwu Abumisi, hailed the visit as historic, describing Ms. Oloworaran as the first PenCom DG to visit the Union’s Headquarters in Abuja.

He praised PenCom as a “star performer” in prioritising pensioners’ welfare and urged the DG to convey the Union’s appreciation to President Tinubufor placing retirees’ wellbeing at the heart of government policy. He added that the pensioners will reciprocate President Tinubu’s actions at the appropriate time.

Comrade Abumisi further tasked PenCom to ensure the full implementation of all past pension increases under the CPS — a request the DG reiterated would be achieved before the year runs out.

The visit concluded with the PenCom delegation touring the ongoing NUP building project locatedwithin the environs of its national headquarters. Both institutions pledged to sustain and deepen their partnership in the collective interest of pensioners nationwide.

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The conference, billed to hold on Thursday, April 3, 2025 at the Ballroom of Oriental Hotel, Lekki, Lagos, will be chaired by a Chartered Insurer, Dr. Oyetunji, while Dr. Akeem Oyewale, Managing Director/CEO, Marble Capital Limited and 2nd Vice President Chartered Institute of Stockbrokers, will be the Keynote Speaker.

To this end, PenCom and NAICOM have endorsed the conference as the two agencies will lead other professionals to the conference to discuss burning issues in the insurance and pension sectors.

A statement by the Convener, Mrs. Nkechi Naeche-Esezobor said, experts drawn from insurance, pension, capital and IT sectors would be on hand to speak on the theme of the conference.

The chairman, Nigerian Insurers Association (NIA), Kunle Ahmed; President, Pension Fund Operators Association of Nigeria (PenOp), Mr. Christopher Bajowa; President of Chartered Insurance Institute of Nigeria,( CIIN), Mrs Yetunde Ilori, among others have confirmed their presence at the event.

Also expected at the event are Managing Director/CEOs of insurance and Pension firms; Director General, Nigerian insurers Association (NIA); Mrs. Bola Odukale, representatives of Nigerian Council of Registered Insurance Brokers (NCRIB); and CEO of PenOp, Mr. Oguche Agudah.

Others are: Students of insurance (Laspotech); Department of Actuarial Science & Insurance, University of Lagos; students of YabaTech; Colleges of Insurance; Junior and Senior Secondary Schools; Association of Mobile Money and Bank Agents in Nigeria, Lagos Chapter; Association of Registered Insurance Agents of Nigeria (ARIAN); members of the Nigerian Council of Registered Insurance Brokers; pension and Insurance marketers and Tech officers.

The conference is expected to hosts over 250 youths within Lagos.

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