Abuja - President Goodluck Jonathan has officially opened the inaugural edition of the World Pension Summit (Africa Special) in Abuja.
Speaking during the opening ceremony the President welcomed the participants to the historic summit and wished them fruitful deliberations.
"I am particularly pleased to address this distinguished gathering, on an issue of overriding importance to people and families; governments and nations,” he said.
He said pension occupies a strategic place in national socioeconomic development, adding that it was not only a vital component of social security and was also a veritable vehicle for nation building.
“Indeed, investment in pension has profound impact on the well-being of pensioners, society and the economy at large. As such, it is imperative that stakeholders in this life-shaping industry engage constantly in dialogue to bolster management frameworks and practices in their respective jurisdictions”.
He said the summit brought together highly accomplished pension practitioners and experts from Africa, and around the world, in discussion of various aspects of this subject, with emphasis on African perspectives and realities.
“There is no doubt that the experiences of other countries in pension issues would offer valuable lessons that would assist participants in review and adjustment of their systems and practices, in line with global standards."
- CAJ News