Federal Government Inaugurates New NSIA Board, Prof. Fabian Ajogwu and others to Play Pivotal Role in Nigeria's Economic Transformation

Federal Government Inaugurates New NSIA Board, Prof. Fabian Ajogwu and others  to Play Pivotal Role in Nigeria's Economic Transformation

The Federal Government has inaugurated a new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA), entrusting them with the crucial responsibility of guiding the nation toward economic prosperity and stability.

Speaking at the inauguration ceremony held today in Abuja, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasized the significance of the NSIA's mission. He urged the newly appointed Board members to harness their extensive experience and professional expertise in steering the Authority towards creating a sustainable future for generations to come.

The new Board, composed of seasoned professionals from various sectors, was carefully selected through a rigorous process overseen by the Executive Nominations Committee. The final approval for their appointments was granted by President Bola Ahmed Tinubu, GCFR, with the endorsement of Vice President Senator Kashim Shettima, GCON, who chairs the National Economic Council (NEC).

The distinguished members of the newly constituted NSIA Board include:

- Mr. Segun Ogunsanya – Chairman

- Mr. Aminu Umar-Sadiq – Managing Director/Chief Executive Officer

- Prof. Fabian Ajogwu

- Mr. Abdullahi Mahmud Gaya

- Mr. Ahmed Goniri

- Ms. Ada Osakwe

- Dr. Suleyman Ndanusa

- Ms. Ijeoma Taylaur

- Mr. Kola Owodunni

In his inaugural address, Mr. Segun Ogunsanya, the newly appointed Chairman, expressed his dedication to advancing the nation’s economic agenda. He underscored the Board's commitment to the Renewed Hope Agenda of the Tinubu Administration, emphasizing their resolve to build a prosperous future for all Nigerians.

"Our mandate is clear—we are here to enhance the wealth of our nation and ensure that future generations do not face the specter of poverty," Mr. Ogunsanya declared. He also outlined the Board’s ambition to significantly expand the funds under its management, setting a bold vision for the Authority's future.

Reflecting on the NSIA's achievements over the past 11 years, the Honourable Minister commended the Authority’s remarkable progress. He described the NSIA as a cornerstone of Nigeria’s economic stability and growth, highlighting its pivotal role in the nation's financial architecture.

As the new Board embarks on this crucial phase of the NSIA’s journey, the stakes are high. With the nation’s economic future resting on their shoulders, the Board is expected to deliver innovative strategies and bold initiatives that will propel the NSIA to new heights. Nigerians eagerly anticipate the transformative impact that this team will have on the country’s economic landscape, fostering a brighter and more prosperous future for all.