Pension Funds allocation to infrastructure drops to N218.9bn

By Peter EgwuatuAt the backdrop of the huge $100 billion funding gap in Nigeria’s infrastructure sector, the pension funds allocation to the sector declined 0.92% to N218.9 billion in October this year.Vanguard’s findings from the recent pension funds industry portfolio report of Nigeria Pension Commission, PenCom, however, show that on a Year-on-Year basis, the infrastructure funds grew by 1.3 % to N218.9 billion from N240.389 billion recorded in September 2024.Industry expert