| The Nigeria Sovereign Investment Authority (NSIA), has announced its plan to attract about $1.6 billion co-investment in the nation’s infrastructure sector. This is even as the managers of the country’s Sovereign Wealth Fund (SWF) announced its plan to start distributing its dividends to shareholders of the fund by next year.
Uche Orji, Managing Director and Chief Executive Officer of NSIA disclosed these yesterday when the Senate Committee on Finance led by its Chairman John Enoh paid an oversight function visit to NSIA, at its headquarters in Abuja. According to Orji, NSIA will use the $400 million they secured as Nigeria Infrastructure Fund to attract $1.6 billion of co-investment into the country.............................................Full Article: Source
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