
NIGERIA SOVEREIGN INVESTMENT AUTHORITY, NSIA REELS OUT IMPRESSIVE 12 YEAR PERFORMANCE
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.