The Nigeria Sovereign Investment Authority is an investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.
The Board of the NSIA was inaugurated on October 9th, 2012
Shareholders consist of the Federal Government of Nigeria, the 36 States Governments and the FCT and all the Local Governments and Area Councils in the federation through a sharing arrangement that is consistent with national revenue sharing formula. The current ownership structure is Federal Government: 45.83%, State Governments& FCT: 36.41%, and Local Governments / Local Council Development Areas: 17.61% respectively.
NSIA’s vision is to establish NSIA as a leading sovereign wealth fund globally; playing a role in promoting investments for Nigeria’seconomic development.
- Building a savings base for the Nigerian people
- Enhancing the development of Nigeria’s infrastructure
- Providing stabilisation support in times of economic stress.
- The Stabilisation Fund (SF)
- The Future Generations Fund (FGF)
- The Nigeria Infrastructure Fund (NIF)
- The first is that the Stabilisation Fund is designed to provide macroeconomic stabilisation in times of economic distress – that is, the Ministry of Finance can make a case for withdrawing from the Fund for economic stabilisation.
- The SWF is a tool of fiscal discipline as it forces and enforces an investment and savings culture in a clearly defined manner.
- Investments in infrastructure will help enhance development, which in the long run aids in overall economic growth.
Still have questions?
We are an investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.
Our mission is to play a leading role in driving sustained economic development for the benefit of all Nigerians through building a savings base for the Nigerian people, enhancing the development of Nigeria’s infrastructure, providing stabilisation support in times of economic stress.