NSIA Grows Assets to $3 Billion, Drives Development Across Nigeria

More than a decade after its establishment, the Nigeria Sovereign Investment Authority (NSIA) has evolved from a stabilisation and savings institution into a national systems builder, blending financial discipline with initiatives that address structural challenges and unlock economic opportunities for millions of Nigerians.

Established by an Act of Parliament to save for future generations, provide fiscal stabilisation, and invest in critical domestic infrastructure, NSIA has become a central pillar of Nigeria’s development architecture.

In 2025, NSIA reached a significant milestone, surpassing $3 billion in net assets by June, driven by government contributions and retained earnings. Core Total Comprehensive Income (TCI) grew 6% year-on-year to ₦202.10 billion, and net assets have increased from $1 billion at inception to $3.10 billion, reflecting a resilient Compound Annual Growth Rate (CAGR) of 9.9% across multiple economic cycles.

NSIA’s portfolio spans multiple sectors, demonstrating its commitment to creating shared value. Under the leadership of MD & CEO Aminu Umar-Sadiq, NSIA partnered with the Japan International Cooperation Agency (JICA) to launch a $28 million Impact Innovation Fund. The fund supports early-stage tech startups addressing social challenges, complementing the NSIA Prize for Innovation (NPI), which has awarded over $250,000 to top innovators from more than 5,000 applicants nationwide.

In healthcare, NSIA’s subsidiary MedServe is upgrading oncology and nuclear medicine facilities in six tertiary hospitals. In 2025, three upgraded centres—at the University of Benin Teaching Hospital, University of Nigeria Teaching Hospital, and Federal Teaching Hospital Katsina—were commissioned, with patient treatments already underway. Additionally, a $2 million oncology training programme has trained 186 clinicians, delivering over 10,000 hours of instruction.

NSIA is also driving Nigeria’s energy transition. The Renewable Investment Platform for Limitless Energy (RIPLE) accelerates renewable energy investments, complementing the 10MW Kano Solar project, the country’s largest grid-connected solar plant. The 2025 Distributed Renewable Energy (DRE) Fund unlocks private capital for off-grid solutions in underserved communities, while the Construction Finance Warehouse Facility supports early-stage energy transition projects.

In agriculture, NSIA manages the Presidential Fertiliser Initiative (PFI), expanding active blending plants from four in 2017 to over 80 today, producing roughly 130 million bags of fertiliser and creating over 100,000 jobs. In housing, NSIA supports the Federal Government’s Renewed Hope Cities and Estates Initiative in Kano, with the project already 75% complete and ahead of schedule.

Beyond sector-specific projects, NSIA has strengthened financial markets through initiatives such as the National Credit Guarantee Company (NCGC), InfraCredit, and the Green Guarantee Company (GGC), mobilising capital for infrastructure, climate-focused projects, and credit access for small businesses.

NSIA also hosted the fourth Annual Meeting of the African Sovereign Investors Forum (ASIF 2025) in Abuja, launching the ASIF Investment Platform in partnership with Morocco’s Ithmar Capital. The platform aims to mobilise African and global capital for investments in infrastructure, renewable energy, agriculture, and food security.

Since its inception, NSIA has created over 245,000 jobs, demonstrating that disciplined, transparent, and forward-thinking sovereign institutions can deliver meaningful social and economic impact. As 2025 concludes, NSIA enters 2026 from a position of strategic and financial strength, continuing its mission to build a resilient Nigeria and create lasting prosperity for present and future generations.

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