Nigeria, April 11 -- The National Pension Commission (PenCom) has disclosed that the Nigerian pension industry has committed a total of N5.51 trillion to asset classes that support long-term financing for real sector growth.

This investment, according to a statement by the commission, spans infrastructure, private equity, real estate, and subnational infrastructure initiatives. It forms part of the industry's efforts to stimulate economic development and deepen the domestic capital market.

PenCom made the disclosure during a meeting with a delegation from the International Monetary Fund (IMF), which visited the Commission on 7 April as part of the Fund's Article IV consultations.

The Article IV consultation is an annual exercise where ...