Speaking on the summit’s theme, “Attaining Good Retirement Amid Economic Headwinds,” Omosehin noted that the current financial pressures confronting retirees are no longer abstract figures—they represent the real struggles of millions of Nigerians trying to secure dignity in their later years. He called on regulators, insurers, and pension administrators to respond with “innovation, empathy, and resilience.”
Omosehin outlined three core priorities to reposition the retirement ecosystem: aligning insurance and pension policies for synergy, ensuring retirement products are relevant and accessible—especially for the informal sector—and scaling up financial literacy to empower citizens to make informed decisions.
“The tools for a dignified retirement—annuities, life insurance, and savings plans—must be transparent, affordable, and tailored to the evolving needs of our aging population,” he asserted. He further underscored that deepening insurance penetration and fostering cross-sector partnerships were central to NAICOM’s mission.
Reaffirming the Commission’s commitment to consumer protection and systemic trust, Omosehin described financial literacy as the bedrock of long-term retirement security. He lauded Inspenonline for its continued leadership in convening essential conversations and urged all participants to approach the summit with “curiosity, purpose, and national duty.”
“Retirement should not be a descent into hardship, but a new chapter of hope and independence,” he concluded.
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