The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has officially inaugurated the newly appointed Board of the Nigeria Sovereign Investment Authority (NSIA). The inauguration ceremony took place at the Ministry of Finance Headquarters.

The new Board comprises distinguished professionals from various sectors, selected through a rigorous process involving deliberations and recommendations by the Executive Nominations Committee. The appointments received final approval from President Bola Ahmed Tinubu, GCFR, following endorsement by Vice President Kashim Shettima, GCON, who chairs the National Economic Council (NEC).

The newly appointed Board members are:

– Mr. Segun Ogunsanya – Chairman

– Mr. Aminu Umar-Sadiq – MD/CEO

– Prof. Fabian Ajogwu

– Mr. Abdullahi Mahmud Gaya

– Mr. Ahmed Goniri

– Ms. Ada Osakwe

– Dr. Suleyman Ndanusa

– Ms. Ijeoma Taylaur

– Mr. Kola Owodunni

During his inaugural address, Chairman Segun Ogunsanya emphasized the Board’s commitment to securing a prosperous future for upcoming generations. “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,” Ogunsanya stated. He also expressed the Board’s ambition to significantly expand the fund under its management.

Reflecting on the NSIA’s 11-year journey since its inception, Mr. Wale Edun praised the institution’s success in fulfilling its mandate, describing it as “an essential institution for our nation’s economic stability and growth.” He acknowledged the NSIA’s outstanding progress and reaffirmed the government’s commitment to supporting its continued development.