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Annual Report

2022 Annual Report

Table Of Content INTRODUCTION 02 About NSIA 04 The Mandate Funds 04 Corporate Philosophy 06 Chairman’s Statement 07 Chief Executive Officer’s Review 10 Investment Milestones 13 FUNDS MANAGEMENT 16 Market Overview 17 The Future Generations Fund 20 The Stabilization Fund 22 The Nigeria Infrastructure Fund 23 Third-Party Managed Funds 28

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2021 Annual Report

Table Of Content INTRODUCTION 02 About NSIA 04 The Mandate Funds 06 Corporate Philosophy 08 Chairman’s Statement 09 Chief Executive Officer’s Review 10 Investment Milestones 11 FUNDS MANAGEMENT 12 Market Overview 13 The Future Generations Fund 14 The Stabilization Fund 15 The Nigeria Infrastructure Fund 16 Third-Party Managed Funds 16

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2020 Annual Report

Table Of Content ABOUT NSIA 02 The Mandate Funds 04 Our Corporate Philosophy 06 Chairman’s Statement 08 Chief Executive Officer’s Review 09 Investment Milestones 10 FUNDS MANAGEMENT 12 Market Overview 13 The Future Generations Fund 14 The Stabilization Fund 15 The Nigeria Infrastructure Fund 16 Third-Party Managed Funds 17

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2019 Annual Report

Financial Highlight General information Directors’ report Statement of directors responsibilities Independent auditor’s report Statement of comprehensive income Statement of financial position Statement of changes in equity Statement of cash flows Notes to the financial statements Other national disclosures: Value added statement Five year financial summary

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2018 Annual Report

About NSIA Nigeria Sovereign Investment Authority (NSIA or the Authority) is a globally-focused Nigerian investment institution. NSIA was established by an Act of Parliament –Nigeria Sovereign Investment Authority (Establishment, etc) Act 2011 – to receive, manage and invest Nigeria’s Sovereign Wealth Fund (SWF) through three ring-fenced funds on behalf of the three tiers of government

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2017 Annual Report

Table Of Content INTRODUCTION 02 About NSIA 04 The Mandate Funds 06 Corporate Philosophy 08 Chairman’s Statement 09 Chief Executive Officer’s Review 10 Investment Milestones 11 FUNDS MANAGEMENT 12 Market Overview 13 The Future Generations Fund 14 The Stabilization Fund 15 The Nigeria Infrastructure Fund 16 Third-Party Managed Funds 16

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2016 Annual Report

Table Of Content INTRODUCTION 02 About NSIA 04 The Mandate Funds 06 Our Corporate Philosophy 08 Chairman’s Statement 09 Chief Executive Officer’s Review 10 2016 Milestones 11 FUNDS UPDATE 12 Market Overview 13 The Future Generations Fund 14 The Stabilization Fund 15 The Nigeria Infrastructure Fund 16 Third-Party Managed Funds 17

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NSIA 2015 Annual Report

INTRODUCTION 04 About the NSIA 05 Chief Executive’s Reviews 06 Our Corporate Philosophy 09 2015 Milestones 10 Funds Update 12 Market Overview 14 The Future generations Fund 16 The Nigeria Infrastructure Funds 18 The Stabilisation Fund 20 Third Party Managed Funds 21

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2014 Annual Report

Table Of Content Chief Executive’s Review Chairman’s Statement Our Vision and Mission Overview Of Funds Market Overview The future Generations Fund The Nigeria Infrastructure Fund The Stabilisation Fund The Debt Management Office Fund The Nigerian Bulk Electricity Trading Plc Funding

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2013 Annual Report

Table Of Content INTRODUCTION Chairman’s Statement 02 Chief Executive’s Review 04 Our Vision and Mission 07 Overview of NSIA Funds 08 Timeline 10 FUNDS UPDATE Market Overview 14 The Future Generations Fund 16 The Nigeria Infrastructure Fund 18 The Stabilization Fund 20

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