Nigeria expands retirement access for 75M informal workers via tech agents, boosts pension assets past N27T, and launches Ogun State’s one-time benefit to ease transition.

Nigeria is expanding retirement access through Accredited Pension Agents, enabling over 75 million informal workers to save via tech-enabled local agents, boosting financial inclusion and pension assets beyond N27 trillion. Ogun State introduced a one-time Additional Pension Benefit to ease transition from the old gratuity system, offering up to 280% of final emolument based on service years, while settling past liabilities totaling over ₦32 billion. Both reforms aim to strengthen trust, ensure transparency, and secure long-term financial stability for retirees.