One of the flourishing government financial institution,Nigeria Sovereign Investment Authority,NSIA says in the last 12years it has been making consistent positive returns.
Managing Director and CEO, Mr. Aminu Umar-Sadiq made this known at the NSIA’s Media Engagement on the Authority’s 2024 Earnings Presentation.
Reeling out her financial performanc, Mr. Umar-Sadiq described NSIA’s role as a catalyst, conceptualizing and initiating projects that attract further investment.
He cited the Financial Guarantor, which grew from $25 million to over $300 million in attracted capital, and ongoing efforts by NMRC and MedServe to secure significant investments.
NSIA further reported that it has committed approximately $500 million across its projects and attracted just over $1 billion in third-party capital.
Addressing potential impacts of new policies from the US under President Donald Trump, Mr. Umar-Sadiq assured of NSIA’s defensive strategic asset allocation within its stabilization and future generations funds, including investments in private equity, hedge funds, real estate, and inflation-linked funds as the strategy aims to provide downside protection and stable income growth, aligning with NSIA’s primary mandate as a savings fund.