| The Nigeria Sovereign Investment Authority (NSIA) has committed $100 million to the development of the power sector, as part of its focus on the infrastructure development in the country. Making the disclosure at a lecture he presented at the Founders day of the University of Port Harcourt, Managing Director and Chief Executive Officer of NSIA, Mr. Uche Orji, said the NSIA was committed to the development of key infrastructure in the country.
He also disclosed while delivering the lecture titled: ‘The Role of Sovereign Wealth Funds (SWF’s) as a Tool for Economic Development’, that the NSIA had narrowed its immediate focus to five key subsectors out of 18 subsectors of infrastructure, namely power, motorways, agriculture, healthcare and real estate, adding that as capital grows, the authority would expand to other subsectors of infrastructure...............................................Full Article: Source
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