Business
Tinubu Approves New NSIA Board
The Federal Government has inaugurated a new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA), entrusting them with the responsibility of guiding the nation’s economic growth and stability.
During the inauguration at his office in Abuja, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, urged the Board to utilize their expertise and experience to advance the NSIA’s mission of ensuring a sustainable future for generations to come.
The newly appointed NSIA Board of Directors includes professionals from diverse sectors, carefully chosen based on deliberations and recommendations by the Executive Nominations Committee.
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Their appointments were approved by President Bola Tinubu, with Vice President Senator Kashim Shettima, who chairs the National Economic Council (NEC), providing his endorsement.
The Board members are as follows: 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 address, Mr. Segun Ogunsanya, the new Chairman, emphasized his dedication to promoting a prosperous future for the next generation, aligning 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.”
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Mr. Ogunsanya also expressed the Board’s ambition to significantly increase the funds under its management.
Reflecting on the NSIA’s 11-year history, the Honourable Minister commended the institution’s remarkable progress in fulfilling its mandate, describing the NSIA as a vital pillar for Nigeria’s economic stability and growth.
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