Addressing journalists at the presentation of the NSIA’s financial performance in 2018, Managing Director of the Sovereign fund managers Mr. Uche Orji, disclosed the “total income grew by 88.5%, rising from N30.62 billion in 2017 to N57.73 billion in 2018.”
Also in the year 2018, interest income – N23.82 billion earned in 2018 represents a 9% year-on-year increase from the N21.77 billion in 2017. Speaking on key projects in 2019, Orji noted that there will be increased focus on domestic infrastructure projects specifically in agriculture, healthcare, and infrastructure enabling financial institutions.
Presidential Infrastructure Development Fund , he said, received US$ 650million and commenced capital deployment across three of the major road projects under PIDF including 2nd Niger Bridge, Lagos – Ibadan Expressway and Abuja-Zaria-Kaduna-Kano Road.
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