Fed Govt inaugurates new NSIA Board

The Federal Government has inaugurated a new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA), tasked with steering the nation’s economic growth and stability.

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, while inaugurating the Board in his office in Abuja, charged them to leverage their expertise and wealth of experience to drive the NSIA’s mission of creating a sustainable future for generations to come.

The newly appointed Board of Directors for the NSIA comprises professionals from various sectors, carefully selected through deliberations and recommendations made by the Executive Nominations Committee.

The final approval was given by President Bola Tinubu, following endorsement by Vice President Senator Kashim Shettima, who serves as the Chairman of the National Economic Council (NEC).

The new Board Members include: Mr. Segun Ogunsanya – Chairman; Mr. Aminu Umar-Sadiq – Managing Director; Prof. Fabian Ajogwu; Mr. Abdullahi Mahmud Gaya; Mr. Ahmed Goniri; Ms. Ada Osakwe; Dr. Suleyman Ndanusa; Ms. Ijeoma Taylaur; and Mr. Kola Owodunni.

In his inaugural remarks, Mr. Segun Ogunsanya, the newly appointed Chairman of the Board, affirmed his commitment to fostering a prosperous future for the next generation in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration. He stated, “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.”

Mr. Ogunsanya also stated the Board’s ambition to significantly grow the fund under its management.

Reflecting on the NSIA’s 11-year journey since inception, the Honourable Minister praised the Institution’s outstanding progress in achieving its mandate. He described the NSIA as an essential institution for Nigeria’s economic stability and growth.

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