There is an observation that has been pretty concerning lately regarding a personal finance subject for the younger generation, especially Millennials, Gen Zs and younger. And it is the subject of "Pension". It appears that a huge part of the younger generation in Nigeria who are of working age are not on any form of pension plan, and these include both the employed, underemployed and unemployed. If you take a sample of size of Nigerian youths today and ask them if they are on a pension plan, most likely more than 70% would confirm in the negative. This should be concerning for a country like Nigeria with more than 38% of her population between the ages of 20 and 49, and even a higher percentage of her population younger than 20 years.
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