Portfolio
We invest to build, provide, and sustain economic stability for all Nigerians
Our Projects
15
Completed Projects
To deliver its development objectives, NSIA either sponsors or invests in projects and programmes which afford long-term socio-economic benefit to the Nation.
North Central (NC)
North East (NE)
North West (NW)
South West (SW)
South East (SE)
South South (SS)
Transportation and Logistics
Industrialization
Services
Technology & Innovation
Climate & Sustainability
Themes
Technology
The Nigerian technology ecosystem is hampered by a deficiency in digital infrastructure including but not limited to stable broadband internet and widespread mobile adoption that enables innovators to build and distribute their products and services. There is also a significant dearth of digital talent to build and scale domestic technological solutions thereby inhibiting the growth of the sector.
In line with the aforementioned, the NSIA established a US$200 million Innovation Fund to serve as a catalyst for developing the technology ecosystem in Nigeria, with a seed commitment of US$25 million from NSIA.
The Authority’s pioneer investment in the technology sector was for the development of the Kasi 20MW hyperscale data centre. The project sponsor, Kasi Cloud Nigeria Limited has identified Lekki, Lagos as the site of the first data centre and expects to set up more data centres nationwide in the near future.
NSIA is also in advanced discussions in respect of several partnership opportunities with leading global technology firms interested in the deployment of subsea cable systems, terrestrial fibre networks, technology cities/parks and training platforms.
As the investment institution managing the nation’s sovereign wealth fund, NSIA is tasked with delivering risk-adjusted returns against defined benchmarks across its mandate Funds. For both the Future Generations Fund (FGF) and Stabilisation Fund (SF) NSIA invests through fund managers. Manager selection is therefore a key component of our investment approach.
Both the FGF and SF are managed by carefully selected External Fund managers. All External Fund managers must meet certain requirements and must be approved by Authority’s Investment Committee before being onboarding for investment purposes.
Additionally, External Fund managers must agree to abide by NSIA’s externally managed fund guidelines as prescribed in our Investment Guidelines. The allocations under each funds
North Central (NC)
North East (NE)
North West (NW)
South West (SW)
South East (SE)
South South (SS)
Transportation and Logistics
Industrialization
Services
Technology & Innovation
Climate & Sustainability
Themes
NSIA has had a history of undertaking fund management serves on behalf of the Federal Government and some of its agencies dating back to its first year of operations. Depending on the Investment Management Agreement (IMA) signed, NSIA may generate a modest fee from offering this service. The investments are typically managed using the same investment policy statements as those used for the NSIA’s mandate funds.
Presently, NSIA serves as fund manager to some highly impact government projects as well as high priority fund. Entities that have benefited from this service include:
- The Presidency through the Presidential Infrastructure Development Fund (PIDF) and under the pre-restructured Presidential Fertiliser Initiative (PFI)
- The Ministry of Finance through the FGN Stabilisation Fund
- The Debt Management Office through the DMO fund
- NBET through the now expired NBET Funds
North Central (NC)
North East (NE)
North West (NW)
South West (SW)
South East (SE)
South South (SS)
