Having received a presentation of the Nigeria Sovereign Investment Authority business update, and outlook, the National Economic Council on Thursday resolved to invest an additional $250 million into the NSIA, the country’s sovereign wealth fund.
In his presentation to NEC, the NSIA Managing Director, Mr. Uche Orji said the agency made a profit before tax of N42,036,469 while NSIA and its subsidiaries made a profit before tax of N46,185,074. “That the NSIA intends to create a number of co-investment funds, in the area of Healthcare, Agriculture and Gas Projects.
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