President Muhammadu Buhari has re-appointed Mr Uchechi N. Orji as Managing Director of the Nigeria Sovereign Investment Authority (NSIA).
A statement issued by the Special Adviser to the president on media and publicity, Femi Adesina in Abuja on Thursday recalled that Mr Orji was first appointed in October 2012 for an initial term of five years, renewable for another term of five years.
It observed that under his leadership, the NSIA has made remarkable strides, and its assets now stand at over $2 billion, which is invested in Nigerian Infrastructure, Economic Stabilisation and Future Generation Funds.
It pointed out that in line with Section 16(2) of the NSIA Act, the National Economic Council (NEC) had in July, this year, endorsed the renewal of Mr Orji’s appointment, given his performance in the first term.
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