The Nigeria Sovereign Investment Authority (NSIA) closed the 2021 financial year with a profit after tax of N153.8 billion.
This represents a decline of 1.9 per cent from 2020, when it earned N156.5 billion.
Managing Director, NSIA, of the Uche Orji, disclosed this in a presentation to a meeting of the National Economic Council (NEC) in Abuja.
According to him, the total comprehensive income declined marginally in 2021 by 8.2 per cent to close the year at N147 billion (2020: N160.1 billion).
The NSIA said it also reached major milestones across domestic infrastructure in the year under review in terms of projects such as motorways, agriculture, healthcare, technology, gas industrialisation and others.
A statement by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, said the Council endorsed the report; commending the NSIA board and management for “a credible performance despite the challenging economic atmosphere.”
