Business

FG INAUGURATES NSIA BOARD OF DIRECTORS, CHARGES THEM TO ENHANCE THE WEALTH OF THE NATION

Posted by: Quickresponse | August 29, 2024

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

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

The newly appointed Board of Directors for the NSIA comprises distinguished professionals from various sectors, carefully selected through deliberations and recommendations made by the Executive Nominations Committee. The final approval was given by the President, His Excellency Bola Ahmed Tinubu, GCFR, following endorsement by the Vice President, His Excellency, Senator Kashim Shettima, GCON, 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/Chief Executive Officer
• Prof. Fabian Ajogwu
• Mr. Abdullahi Mahmud Gaya
• Mr. Ahmed Goniri
• Ms. Ada Osakwe
• Dr. Suleyman Ndanusa
• Ms. Ijeoma Taylaur
• 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.

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 he stated.

Mr. Ogunsanya also highlighted 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 our nation's economic stability and growth.

As the NSIA new Board of Directors sets out to write the next chapter in the NSIA's story, they are reminded that the nation's economic future rests on their shoulders. With their combined expertise and the Minister's charge, they are poised to make a significant impact on Nigeria's economic landscape.

Thus, the nation looks forward to the Board's innovative strategies and bold initiatives that will propel the NSIA to new heights and create a brighter future for all Nigerians.

Signed
Mohammed Manga, FCAI