Nigeria’s asset recovery puzzle: Why does clarity remain elusive?, By Victor Agi
... it should be stated that while anti-corruption efforts should focus on entrenching preventive mechanism, Nigeria’s asset recovery efforts hold ...
Tag: Nigeria Sovereign Investment Authority (NSIA)
Senami Sosu, Chioma Okigbo, Olatomiwa Williams join Miss Nigeria board
Talented screen star Rita Dominic will chair the board.
Tinubu’s advisory council recommends sale of assets to settle Nigeria’s debt obligations
It also recommended that the government move to a well-functioning, market-oriented power sector.
NSIA’s 2022 audited financial report shows 10th straight year of positive earnings
The financial performance underscores the resilience of the NSIA's investment strategy and the quality of its earnings, notwithstanding the challenging ...
Buhari appoints Umar-Sadiq as new MD of NSIA
Mr Buhari also appoints Kolawole Owodunni and Bisi Makoju as Executive Directors of the Authority.
![Vitol Group wall logo [PHOTO: Vitol]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/07/e92f9393-2457-4888-a4e1-d5b9aaded6de.jpg?fit=2400%2C1350&ssl=1)
Nigeria’s NSIA signs $50 million deal with oil trader Vitol towards carbon reduction
The duo is setting sights on projects of high integrity and huge impact and with potential for carbon avoidance and ...
NSIA-backed Kasi Cloud breaks ground for $250 million data centre in Lagos
Kasi designs, builds and operates hyperscale cloud data centres to support dynamic space, power, and connectivity at scale.
CBN signs agreement with InfraCorp, asset managers for infrastructure fund
InfraCorp was approved in February 2021 by President Buhari with a startup funding of N1 trillion for the construction of ...
![Pictures from the almost completed Muhammadu Buhari Bridge (formally known as 2nd Niger Bridge). [PHOTO CREDIT: Bashir Ahmad Twitter handle]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/03/20220309_130948.jpg?fit=1920%2C1079&ssl=1)
We’ve spent over N157 billion on 2nd Niger Bridge so far — Finance Minister
“For me, I can report to Mr President and say I have seen where all the N157 billion has gone ...
![Nigeria's President, Muhammadu Buhari [PHOTO: Presidency]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2021/12/President-Buhari-Working-2.jpg?fit=768%2C512&ssl=1)
Buhari appoints Paschal-Ejiogu non-executive director of NSIA
The appointment takes effect from January 6.
Nigeria Sovereign Investment Authority targets 200,000 off-grid connections by 2023
The agency is partnering the Rural Electrification Agency to achieve this goal.
Reps panel threatens to stop funds to NSIA over budget row
The committee issued the threat follow the refusal of NSIA to present is budget before it.
Buhari inaugurates NSIA board
The president urges members to boost economic diversification.
PIB: Governors fault NNPC’s ownership structure
The Petroleum Industry Bill was recently passed by the Senate and the House of Representatives.
INTERVIEW: ‘Price of fertilizer under presidential initiative likely to go up’
The managing director of leading blender says with the current mode of operation of the initiative, there is a likelihood ...
![Bags of fertilizer used to illustrate the story [Photo: leadership.ng]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2013/04/fertilizers.jpg?fit=640%2C480&ssl=1)
Buhari’s fertilizer initiative yields 30 million bags in four years — NSIA
The PFI has also facilitated an increase in the number of participating blending plants also increased to forty-four from less ...
EXCLUSIVE: Buhari deploys EFCC operatives to fertiliser companies
The president seeks to check fraudulent activities undermining the implementation of the presidential fertiliser initiative.
Nigeria, Morocco endorse protocols for fertilizer plant
The MoU is expected to utilise Nigeria's gas and Morocco's phosphate to produce ammonia and phosphate fertilizers by 2025.
![Minister of Works and Housing Mr Babatunde Fashola SAN making a point during a Press Briefing on the Partial Closure for Repairs and Restoration of the Third Mainland Bridge in Lagos at the Ministry of Works and Housing Headquarters Mabushi Abuja on Tuesday 21st July 2020 [PHOTO CREDIT: worksandhousing]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2020/08/1595433840.jpg?fit=1000%2C652&ssl=1)
Nigeria set to concession major highways – Fashola
According to the minister, the HDMI would facilitate further development of Nigeria's federal highway network by bringing in investment.
![The Nigerian Senate Plenary [PHOTO CREDIT: @NGRSenate]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2020/05/EW3JyQxXYAAhOeu-e1591705541824.jpg?fit=800%2C533&ssl=1)
Senate invites Ahmed, Fashola, others over road projects
The three projects are estimated to cost N2.7 trillion.
ECA: Nigerian govt pays lawyer $4 million ‘consultancy fee’; Senate wants identity of recipient
The Senate is probing the dwindling status of the Excess Crude Account
![House of Reps. [PHOTO CREDIT: Official Twitter handle of the house of reps]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2019/12/IMG_1637.jpg?fit=1024%2C683&ssl=1)
House to investigate Julius Berger, others over ‘contract monopoly’
The committee was also tasked to ascertain the capacity of the company to deliver the projects.
CBN governor appears before Senate committee, asks to speak off-camera
Mr Emefiele appeared in response to a summon by the Senate Committee on Finance.
Senate turns back Emefiele’s representatives
The panel had summoned Mr Emefiele to give detailed explanations on the exchange rates the CBN used for three key ...
Senate summons Emefiele over exchange rates for infrastructure projects
The projects are being funded by the Nigeria Sovereign Investment Authority (NSIA).
