Ahmed Salau

NSIA: Nigeria Sovereign Investment Authority

Our Vision is to establish NSIA as world-class investment manager aiming to optimize the balance of financial returns and strategic benefit to Nigerians. Our mission as defined by our enabling act is to: build a savings base for the Nigerian people, enhance the development of Nigerian infrastructure and provide stabilisation support in times of economic stress. Our operating principles are in three parts: Financial sustainability, independence of investment decisions and transparency of our operations. The Fund starts with a seed funding of $1bn across three fund mandates: Future Generation Fund, Fiscal Stabilization Fund and Nigeria Infrastructure Fund. Each Fund mandate shall hold at least 20% of the Assets and it is at the discretion of the Management Team. Subsequent funding for the NSIA as defined by the Act shall be derived Residual Funds from the Federation Account above the Budgetary Smoothing amount.