By 
The National Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) has applauded the Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, as she marks her first anniversary in office.
The commendation was conveyed in a letter signed by the National Chairman of NUPCPS, Comrade Sylva Nwaiwu, and dated Friday.
Ms. Oloworaran, a seasoned finance and banking professional, was appointed by President Bola Tinubu in July 2024 and confirmed by the Senate in November of the same year. Since assuming office, she has led a series of reforms aimed at strengthening pension administration and improving the welfare of retirees under the Contributory Pension Scheme (CPS).
In the congratulatory message, Nwaiwu praised the DG’s leadership, stating:
“The leadership of the NUPCPS, on behalf of all members of the Union across Nigeria, sends hearty congratulations to the visionary and goal-oriented Director-General of PenCom, Ms. Bridget Oloworaran, and all personnel of the Commission, as you mark one year in office.
Kudos to you, our well-performing and amiable Director-General. We love you dearly and wish you greater achievements and rewarding years of service. Thank you for all you have done in your first year for CPS retirees in Nigeria. May God bless you more.”
PenCom also revealed that staff hosted the DG to a surprise celebration in honour of her one-year milestone. She was received by commissioners and senior management who accompanied her to her office, where staff expressed appreciation for her leadership.
According to the Commission, employees commended Ms. Oloworaran for her “visionary and impactful leadership,” especially her focus on timely payment of accrued pension rights, strengthened internal collaboration, and enhanced staff welfare. Her tenure, they noted, has brought renewed energy and clearer strategic direction to the pension sector.
Over the past year, Ms. Oloworaran has overseen several key initiatives, including:
-
Pension Boost 1.0, which raised monthly pension payouts by ₦2.68 billion
-
Achieving zero waiting time for the payment of accrued pension rights since July 2025
-
Securing presidential approval for the ₦758 billion bond to settle outstanding pension liabilities
-
Inauguration of the PenCare Initiative Board of Trustees to deliver affordable healthcare for CPS retirees
-
Launch of Pension Revolution 2.0, the most comprehensive reform effort since the Pension Reform Act 2014
-
Establishment of the Pension Industry Leadership Council to deepen collaboration and drive innovation across the sector
The union emphasized that these achievements underscore the DG’s commitment to protecting the interests of contributors and retirees while advancing the overall growth of Nigeria’s pension industry.
Comments