My people, make we yarn some serious gist wey dey happen for Naija financial system!
You sabi say our pension assets don dey grow like say na garden wey full of good crops? But as things dey sweet, one big wahala dey hide under. E be like say our financial system dey scatter, no be small. Everything dey operate like solo artist, no team work.
As e be now, retirement savings, insurance, and healthcare na different sides of town, and people dey struggle to manage all this gist. E get as financial shock go come, no be only one aspect go feel am. Health wahala, job loss, and business downturn fit happen all at once, and that one dey put pressure on our savings and plans.
For we no go carry body dey dance solo, we need make our financial institutions dey work together like Naija musicians wey dey form jam. If you check Europe, dem don face this kind wahala before, and dem use integration take solve am. Dem join pensions, insurance and asset management to fit tackle financial risk for long term.
Na wetin some big companies like Allianz for Germany and Legal & General for UK don dey do, dem dey manage everything under one umbrella. Na beta model be that, because e dey give customers continuity and clear governance. For UK, e dey allow employers manage pensions and also dey pump funds into projects wey go help their economy.
Our own financial architecture no dey gree collaborate. Pension accounts dey manage separate from insurance planning. If healthcare cost chop money, na from pocket our people dey collect am. This na big wahala! Na why insurance dey low for our side. People no dey trust the system, and the long-term capital wey dey the system dey underutilized.
But e get hope! Some companies don start to join forces. Like Access ARM Pensions wey combine Access Pension and ARM Pensions to fit carry better collaboration come. Dem no dey just dey manage pension again, but dey build whole ecosystem. Even Leadway Holdings don acquire Pensions Alliance Limited to fit combine insurance and pension operations.
As we dey see this change, we still need make sure say we dey watch how e dey happen. If we just dey merge without transparency, na so trust fit fly away. As we dey move forward, na governance, consumer rights, and regulatory oversight go help us create a stable financial system.
Our Nigerian young people dey wait for that brighter financial future. If this system fit work, dem go fit enjoy stable income, affordable healthcare, and investment wey no go turn their pocket upside down. Abeg, we need dey pay attention!
This one na call to action. Make we dey think how we fit build the future when our financial institutions dey collaborate. If we no do am sharp, our financial growth go dey low, and trust go continue to dey shaky. United, we fit create a better financial environment for everyone. Na so we go fit build economy wey go work better for all of us!
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