Nigerian Sovereign Investment Authority records 343% increase in income

Nigerian Sovereign Investment Authority records 343% increase in income

The Nigerian Sovereign Investment Authority (NSIA) has recorded a 343 per cent growth in Total Comprehensive Income totalling N160.06 billion in 2020 compared to N36.15 billion in the previous year and 33 per cent growth in Net Assets, rising up to N772.75 billion from the previous N579.54 billion.

This was one of the major highlights in the NSIA report presented at today’s National Economic Council (NEC) meeting chaired by Vice President Yemi Osinbajo.

At today’s meeting of the council, which comprises the 36 state governors, the Federal Capital…

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