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NSIA Assets Hit N1.02trn, Earns N96.96bn in 2022 Restates commitment to delivering increased investments in critical sectors Bennett Oghifo The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria's sovereign wealth fund, has announced a growth in its

total assets to N1.02 trillion at the close of its 2022 financial year on December 31. In the 2022 full-year audited results released on Thursday, the investment institution said the asset

growth indicated a 10.5 percent increase from the N919.73 billion recorded in 2021. The NSIA said its non-volatile revenue, such as interest income, revenue from infrastructure business,

and management fees earned from fiduciary activities, increased by 34.5 percent (N15.7 billion) year-over-year. It noted that its total comprehensive income stood at N96.96 billion in 2022, representing

a decline of 34 percent compared to 147 billion in 2021. The NSIA attributed the decline to strong macroeconomic headwinds. The institution said although its earnings are lower than that

of 2021, it remained confident in its investment strategy and would continue to explore opportunities to mitigate risks and achieve its Continued on page 5

Presidency Confirms Sylva’s Resignation as Petroleum Minister... Page 6 Saturday 1 April, 2023 Vol 28. No 10216

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FG Moves to Bring Home Displaced Nigerians in Chad, Niger, Cameroon Deji Elumoye in Abuja

L-R: Senator Solomon Adeola; Ekiti State Governor, Biodun Oyebanji; outgoing Chairman, Body of Benchers, Chief Wole Olanipekun (SAN); his daughter, Mrs Bukola Araromi; and Senator Opeyemi Bamidele; at the send forth dinner in honour of Olanipekun, the 50th Chairman of Body of Benchers in Abuja … Thursday.

The federal government has released N15 billion to bring home thousands of Nigerians in three neighbouring countries - Chad, Cameroon and Niger Republic - who were forced to flee Continued on page 5

APC Governors Demand Arrest of Elements Behind Interim Govt Plot Urge Nigerians to remain vigilant, resist any undemocratic conduct NGF pledges to continue defending Nigeria’s democracy Olanipekun: Interim government plan will consume everyone, including those in support

Charles Ajunwa in Lagos, Chuks Okocha, Alex Enumah and Adedayo Akinwale in Abuja The Progressive Governors Forum (PGF), an umbrella body of Nigerian governors elected on the platform of the All Progressives Congress (APC) yesterday called for the arrest and prosecution of anyone involved in the alleged interim government plot, describing the “evil plan” as unfortunate, condemnable and treasonable. On their part, state governors under the platform of the Nigeria Governors Forum (NGF), met on Thursday night in Abuja and resolved to continue defending Nigeria’s democracy amid the alleged interim government plot. Continued on page 5

GOODNIGHT, BEATRICE OLABIMPE ABOYADE… L-R: Ojekunle Aboyade; Funlayo Odia (nee Aboyade); Professor Wole Soyinka; Funke Aboyade SAN, and Dr. Ojetunde Aboyade, during the funeral service for Professor Beatrice Olabimpe Aboyade at Chapel of the Resurrection, University of Ibadan, Oyo State... yesterday KUNLE OGUNFUYI

Air Peace Records Another Milestone, Launches Nonstop Flights to India... Page 8

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