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NSIA’s Comprehensive Income Leaps To N1.6tr In 2023

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The Nigeria Sovereign Investment Authority, NSIA has recorded a six hundred and seventy percent growth increase in its income which jumped to one point six trillion naira in 2023 from over twenty one billion in 2022.

The Managing Director, NSIA Aminu Umar Sadiq who disclosed this in Abuja while presenting to newsmen the Authority’s 2023 financial results said the revenue came from diverse sources including net foreign exchange.

He said, the revenue inflow has also enable the joint number one agency in global transparency rating to effectively manage expenses in carrying out its assignments and operations without hindrances.

The NSIA boss also spoke extensively on their commitment towards asset growth and value creation within the economy over the past decade Some members of the NSIA management lend their voices to the record breaking achievements of the Authority.

In its 2024 projection, the NSIA however, outlined strategic priorities focused on fiscal responsibility, attracting foreign capital, integrating Environment Sustainability and Governance Principles, maintaining strong financial performance as well as project execution capabilities among others.

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