Nigeria FinMin Says NSIA Manages Around $3.5 Billion Now
Posted on 09/01/2021
Nigeria’s Finance Minister Minister Zainab Ahmed said the Nigerian Sovereign Investment Authority (NSIA) now oversees around US$ 3.5 billion in assets under management. NSIA was formed in 2013. Nigeria President Muhammadu Buhari on Wednesday inaugurated a new NSIA board. NSIA is an Investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.