Despite Global Headwinds, NSIA Grows Net Asset to N920bn in 2021 Records total operating income of N100.8bn Posts N153.6bn profit, mulls dividend payment to shareholders subject to NEC approval Warns inflation will make 2022 toughest for investors James Emejo in Abuja and Nume Ekeghe in Lagos In spite of the volatility and headwinds in the global economy,
the Nigeria Sovereign Investment Authority (NSIA), yesterday said it delivered impressive financial results, underscoring the resilience of its investment strategy.
While it recorded 19 per cent growth in Net Asset to N919.73 billion in 2021, compared to N772.75 billion in 2020, the authority also posted a profit after tax of N153.6
billion, which was slightly down by 1.9 per cent from the N156.5 billion recorded the previous year. Addressing journalists during the virtual earnings’ report presenta-
tion, the Managing Director/Chief Executive, NSIA, Mr. Uche Orji, said it was the ninth consecutive year the NSIA has consistently remained profitable, adding that
all the three funds closed the year positive, beating their individual benchmarks. Continued on page 12
NNPC, Sahara Take Delivery of Two Multi-million Dollar LPG Vessels in South Korean Shipyard …Page 5 Tuesday 24 May, 2022 Vol 27. No 9905. Price: N250
www.thisdaylive.com TR
UT H
& RE A S O
N
Adamu: Ekiti My First Test, I Will Not Fail to Deliver Says ‘we are never on the losing side Inaugurates state governorship campaign council Urges INEC to be fair
Adedayo Akinwale in Abuja
L -R: Attorney General and Minister of Justice, Malami Abubakar; Speaker, House of Representatives, Femi Gbajabiamila; Secretary to the Government of the Federation, Boss Mustapha; Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa; Senate President Ahmad Lawan; Chief Justice of Nigeria, Ibrahim Tanko Muhammad, and Minister of the Federal Capital Territory, Mohammed Musa Bello, at a capacity building workshop for Judges and Justices organised by the EFCC in collaboration with the National Judicial Institute... yesterday
With 26 days to the June 18 governorship election in Ekiti State, National Chairman of All Progressives Congress (APC), Senator Abdullahi Adamu, has vowed to ensure that his party emerges victorious in the poll, which he called his first litmus test. Adamu Continued on page 12
It's a Four Horse Race How PDP delegates may vote in presidential primary
The presidential primary of the Peoples Democratic Party (PDP) is slated for this weekend in Abuja, the nation’s capital, and the different aspirants, have been at the top of their wits, ensuring that all loose ends were neatly tidied up. However, after weeks of traveling round the country, it is beginning to get crystal clearer how the states may ultimately vote in this all-important pre-election exercise. Although it is public knowledge that there are 15 aspirants in all, angling to fly the opposition party’s flag (after two were disqualified from the initial 17), this analysis is done with four leading presidential hopefuls in focus. They are former vice-president, Alhaji Atiku Abubakar; former President of the Senate, Dr. Bukola Saraki; former governor Continued on page 30
Atiku
Obi
Saraki
Wike