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NSIA Releases 2015 Financial Results

by on April 2, 2016
 

Total income for the Nigeria Sovereign Investment Authority (NSIA) increased to 26.3 billion Naira in 2015, representing a growth of 67%.

Investment income is said to have also risen to 47%.

Addressing newsmen in Abuja, the Managing Director of the Nigeria Sovereign Investment Authority, Mr Uche Orji says 250-million-dollar additional capital was approved to the authority.

According to him, 40% of the fund will be channelled to its infrastructure fund, another 40% into its future generations fund and 20% of the funds used as it’s stabilisation fund.

 

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