• African countries must incorporate informal sector in pension schemes, says Obasanjo

    African countries must incorporate informal sector in pension schemes, says Obasanjo

    Former Nigerian President, Chief Olusegun Obasanjo, has called for inclusion of the informal sector into the pension schemes across African countries.

    The ex-president, while speaking at the ongoing World Pension Summit (WPS) Africa Special in Abuja, yesterday, said poor coverage and non-inclusion of the private sector, the self-employed and informal segment which is increasingly becoming an important pillar of African economies, are also issues which African countries are grappling with.

    “Establishment of a viable pension structure for the informal sector is essential. […]