Investor Relations

The Nigeria Sovereign Investment Authority is an Investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues. As a Fund, the NSIA invests in real and financial assets including stocks, bonds, real estate as well as alternative investments such as private equity fund or hedge funds.

NSIA’s ownership structure is comprised of all three tiers of government spanning the Federal, State and Local Government. Aside from the initial seed capital of $1 billion, the NSIA Act 2011 expressly provides for further capital contribution funded largely from the excess proceeds of crude oil sale. For each tranche of contribution, the Office of the Account General provides an apportionment schedule which details the capital distribution structure using an approved ratio.

 

Tranche

Contribution

Capital Allocation

Source

Source

Ownership Structure

Transfer Date

1

$1.00 billion

SF: $200 million
NIF: $400 million
FGF: $400 million

National Economic Council Meeting/Governing Council Meeting

Excess Crude Account (ECA)

FG:45.83%
SG: 36.25%
LGA/LCDA: 17.76%
FCT: 0.16%

 

2

$250 million

SF: $50 million
NIF: $100 million
FGF: $100 million

National Economic Council Meeting/Governing Council Meeting

NLNG Dividend

FG:45.83%
SG: 36.25%
LGA/LCDA: 17.76%
FCT: 0.16%

15-Jan-16

3

$250 million

SF: $500 million
NIF: $100 million
FGF: $100 million

National Economic Council Meeting/Governing Council Meeting

Excess Crude Account (ECA)

FG:45.83%
SG: 36.25%
LGA/LCDA: 17.76%
FCT: 0.16%

18-Jul-17

4

$650 million

PIDFI: $650 million

Presidency (PIDF)

NLNG Dividend

 

7-Jun-18

5

N71.3 million

PIDFII: N71.3 million

Presidency (PIDF)

 

 

2019

6

$250 million

SF: $50 million
NIF: $125 million
FGF: $75 million

 

 

 

Apr-20

7

$311.8 million

PIDFIII: $311.8 million

 

Abacha Recovered Asset

 

Jun-20

*PIDF is a special intervention fund designed to address 5 key infrastructure projects of national priority.

 

 

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