An Appraisal of the Nigeria Sovereign Investment Authority

Abstract

This study seek to critically appraise the operations of the Nigeria Sovereign Investment Authority (NSIA) since its establishment by the Nigeria Sovereign Investment Authority Act (2011), trying to x-ray its performance in terms of its operational outlook and target outlay. Due to paucity of data, this study employed the descriptive analytical technique. The NSIA was structured into three windows to include; the Stabilization Fund, The Future Generation Fund and the Nigeria infrastructure Fund, each of these funds has its specific investment and development objectives. NSIA’s asset allocation is based on long-term risk and return objectives, diversified across various asset classes. These classes are segmented into growth drivers, inflation hedges and deflation hedges.

Keywords: Nigeria Sovereign Investment Authority, Stabilization Fund, The Future Generation Fund and the Nigeria infrastructure Fund.