A new board for the Nigeria Sovereign Investment Authority (NSIA) has been inaugurated by Finance Minister and Coordinating Minister of the Economy, Wale Edun. This is simultaneous with the appointment of former Airtel Africa CEO Segun Ogunsanya as board chairman.
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The Finance Ministry’s X account shared a post on Thursday announcing these improvements. According to the article, Edun officially opened the NSIA board at the ministry’s main office.
According to the ministry, the recently established board is made up of eminent experts from a range of industries who were carefully chosen after the executive nominations committee’s suggestions and discussions.
The National Economic Council (NEC) Chairman, Vice President H.E. Senator Kashim Shettima, GCON, endorsed the proposal before President H.E. Bola Ahmed Tinubu, GCFR, granted final approval, according to the ministry.
Aminu Umar-Sadiq, the managing director and CEO of NSIA, Fabian Ajogwu, Ahmed Goniri, Abdullahi Mahmud Gaya, Ada Osakwe, Suleyman Ndanusa, Ijeoma Taylaur, and Kola Owodunni are the other board members.
Ogunsanya pledged in his inaugural speech to support the development of a prosperous future for the following generation. “We have a clear mission. He declared, “We are here to increase our country’s wealth and make sure that the threat of poverty does not haunt future generations.”
Ogunsanya also described the board’s goal of growing the fund that it is in charge of. The minister reflected on the NSIA’s history and called it a vital organisation for Nigeria’s economic development and stability. The NSIA was founded eleven years ago.
