FG Inaugurates NSIA Board, Tasks Members On Wealth Creation

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The Federal Government on Friday inaugurated the new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA) in furtherance of its ongoing initiatives aimed at growing investments for sustainable development of the country.

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, while inaugurating the Board in his office in Abuja, charged the members to  leverage their expertise and wealth of experience to ensure the fulfillment of the Authority’s statutory roles in Nigeria’s developmental agenda

The new Board members comprised Mr. Segun Ogunsanya – Chairman; Mr. Aminu Umar-Sadiq – Managing Director/Chief Executive Officer; Prof. Fabian Ajogwu,  Alh Abdullahi Mahmud Gaya, Alh Ahmed Goniri, Ms. Ada Osakwe, Dr. Suleyman Ndanusa, Ms. Ijeoma Taylaur, and Mr. Kola Owodunni

Reflecting on the NSIA’s 11-year journey since inception, the Minister commended the Authority’s past Board and management on the achievement of its mandate and described the NSIA “as an essential institution for our nation’s economic stability and growth.”

In his inaugural speech, the newly appointed Chairman of the Board, Mr. Olusegun Ogunsanya, assured the Board members’ commitment to fostering a prosperous future for the next generation in line with the Renewed Hope Agenda of the President Bola Tinubu-led Administration.

He said: “Our mandate is clear—we are here to enhance the wealth of our nation and ensure that future generations do not face the specter of poverty.”

Ogunsanya, who is the immediate past CEO of Airtel Africa, also spoke on the Board’s ambition to significantly grow the fund under its management.

As the NSIA new Board of Directors sets out to write the next chapter in the NSIA’s story, they are reminded that the nation’s economic future rests on their shoulders. With their combined expertise and the Minister’s charge, they are poised to make a significant impact on Nigeria’s economic landscape.

Thus, the nation looks forward to the Board’s innovative strategies and bold initiatives that will propel the NSIA to new heights and create a brighter future for all Nigerians.

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