Shettima charges NSIA board to diversify investment portfolio

Vice President Kashim Shettima has charged the newly appointed Board of Directors of the Nigeria Sovereign Investment Authority (NSIA) to diversify the nation’s investment portfolio in order to support youth entrepreneurship. Shettima reminded the board members of their stewardship role as “Custodians of the collective patrimony of the people of Nigeria.” Speaking on Tuesday during […]

Vice President Kashim Shettima has charged the newly appointed Board of Directors of the Nigeria Sovereign Investment Authority (NSIA) to diversify the nation’s investment portfolio in order to support youth entrepreneurship.

Shettima reminded the board members of their stewardship role as “Custodians of the collective patrimony of the people of Nigeria.”

Speaking on Tuesday during a meeting with the Board of Directors of the NSIA at the Presidential Villa, Abuja, Shettima outlined the administration’s vision for the NSIA, drawing comparisons with more established sovereign wealth funds.

The vice president stressed the need to support the real economy, particularly highlighting the NSIA’s role in agricultural revitalisation.

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“You have been supporting the nation in our agricultural revitalisation endeavours, especially in the purchase of agricultural inputs. I want you to sustain that tempo,” he urged.

Assuring the board of President Bola Tinubu’s support in achieving national aspirations, Shettima emphasised the critical need for teamwork.

“The moment you are working at cross purposes, we will not meet our goals and aspirations,” he cautioned.

Earlier, Chairman of the NSIA Board of Directors, Mr. Segun Ogunsanya, said the visit became necessary to enable members of the Board to introduce themselves to the vice president.

He thanked VP Shettima and all members of the National Economic Council (NEC), saying they treasure the confidence the council has reposed in the board.