NPF pensions eyes Dangote IPO, others to boost returns

The Nigeria Police Force (NPF) Pensions Limited is exploring various investment avenues to increase returns for its members, including the Dangote Petroleum Refinery and Petrochemicals, the stock market, infrastructure funds, and private equity. Acting Managing Director Mohammed Dutse made these remarks during the 2026 Customer Service Week celebrations in Abuja.

The pension fund is broadening its investment options in response to changes in monetary policy and the need to offer competitive returns beyond traditional bank deposits. Dutse highlighted the recent reduction in the Monetary Policy Rate (MPR) and the potential of private equity, infrastructure funds, and alternative investments.

He expressed particular interest in the stock market, citing the Dangote Petroleum Refinery and Petrochemicals as a significant opportunity. The pension manager also mentioned the possibility of investing in the shares of other prominent companies, such as First HoldCo, as part of a diversified investment strategy. This approach aims to reduce reliance on any single income source and capitalize on emerging opportunities in areas like energy and infrastructure, which are expected to yield long-term value.