By Tony Obiechina, Abuja
The Nigerian Sovereign Investment Authority (NSIA) said it has created over 445,000 jobs after growing its assets base to N2.26trn from the N156bn recorded at inception in 2013.
The Managing Director & Chief Executive Officer of NSIA, Umar Sadiq who disclosed this at a Media Parley in Abuja on Thursday, said its performance was necessary for the attainment of key Sustainable Development Goals for Nigeria.
According to him, the Authority also achieved a 10-megawatt solar project which would create over 500 direct and indirect jobs, adding that NSIA’s performance was necessary for the attainment of key Sustainable Development Goals for Nigeria.
He said, “The provision of 13,504 affordable houses, under construction; supporting several communities through CSR activities; the construction of three standard hospitals with over 282,100 patients served and 150,000 chemotherapy sessions.
“Over 3,500 youths have received formal education through partnered educational institutions.
“Over 236,000 farmers were supported, 68 per cent of the beneficiaries were youth of which 50 per cent were women”.
The NSIA said it also topped the 2023 Global Sovereign Wealth Funds (SWF) Governance, Sustainability, and Resilience (GSR) ranking.
The report showed that the NSIA was ranked 100 per cent alongside esteemed Sovereign Wealths like Temasek and NZ Super Fund for transparency and sustainability. READ ALSO:
- CPPE raises concern over CBN’s MPR hike to 27.50%
- NiMet predicts 3-day sunshine, haziness from Wednesday
- Warning strike: Labour directs C’River workers to resume Wednesday
- Nigerian banks resilient amid pressure – CBN
- Tinubu nominates 3 board members for Code of Conduct Bureau
The GSR scoreboard analysis reflects substantial progress from the 84 per cent rate in 2022.
The report said, “NSIA showcased enhanced sustainability practices which included improved ESG policies, a robust framework, climate investment leadership, and impactful reporting”.
On the 2024 projections, the report stated that NSIA aims to “Enhance fiscal responsibility; attract foreign investment; effective project execution; ESG partner of choice and long-term saving mechanism”.
