The National Pension Commission (PenCom) has issued a special regulatory waiver to Pension Fund Administrators (PFAs), permitting them to allocate pension assets towards the Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP). This decision is aimed at enhancing investment opportunities for pension funds while supporting the growth of the Nigerian economy through significant industrial projects. The waiver is expected to facilitate increased participation of PFAs in the IPO, which is anticipated to attract substantial investment.
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