Israel Oluyemi
The Nigeria Sovereign Investment Authority [NSIA] Chief Executive Officer, Aminu Umar-Sadiq, has outlined a broad expansion of the authority’s investment portfolio across key sectors following a strong 2025 performance.
The authority increased its activity in infrastructure, healthcare, energy, agriculture, technology, and financial markets while presenting its earnings update in Abuja.
NSIA partnered with the Japan International Cooperation Agency to establish a $50 million Impact Innovation Fund that financed startups operating in agriculture, healthcare, education, energy, and water management.
Umar-Sadiq said, “The initiative provides flexible financing for startups in agriculture, healthcare, education, energy, and water management.”
The authority expanded its innovation support through the NSIA Prize for Innovation programme, backed by a $5.9 million five-year commitment, which reached its third edition in 2025.
Umar-Sadiq said, “Supported by a $5.9 million commitment over five years (starting from 2023), the NSIA held the third edition of the programme in 2025.”
NSIA advanced its digital infrastructure agenda with the development of Kasi Cloud, a hyperscale data centre platform scheduled for launch in the second quarter of 2026.
The authority secured $24.3 million from the World Bank Group and the International Finance Corporation to expand diagnostic, cancer, and cardiac care services under its MedServe platform.
NSIA upgraded oncology centres in Katsina, Benin, and Enugu in July 2025 and planned additional facilities under ongoing health initiatives.
The authority scaled energy investments through its Distributed Renewable Energy Nigeria Fund and supported a 30MW embedded power project in Lagos aimed at improving electricity supply and reducing diesel use.
NSIA also progressed its renewable energy programme by establishing a 400MW solar assembly plant in Ogun State and deploying an Energy-as-a-Service model at the MedServe-LUTH Cancer Centre.
Umar-Sadiq said, “The authority also reported progress under its Renewables Investment Platform for Limitless Energy (RIPLE).”
He added, “It established a 400MW solar assembly plant in Ogun to boost local manufacturing and support Nigeria’s shift to sustainable energy.”
NSIA strengthened access to credit by committing N25 billion to the National Credit Guarantee Company and investing N16 billion in Chapel Hill Denham’s Nigeria Real Estate Investment Trust Series IV.
Umar-Sadiq said, “NSIA invested N16 billion in Chapel Hill Denham’s Nigeria Real Estate Investment Trust (NREIT) Series IV issuance, supporting the development of income-generating commercial real estate assets.”
The authority also developed a $25 million cold-chain infrastructure project to reduce post-harvest losses and improve agricultural supply chains across multiple states.
Umar-Sadiq said, “The project aims to strengthen food supply chains, reduce post-harvest losses and support economic diversification and job creation.”
NSIA completed the transfer of the Presidential Fertilizer Initiative to the Ministry of Finance Incorporated after nearly a decade of implementation.
The authority also supported the Federal Government’s Renewed Hope Cities programme, enabling financing for 100,000 affordable housing units in Abuja and Kano.
Umar-Sadiq said, “Looking ahead, the NSIA is poised to sustain growth in its core revenue streams while preserving balance sheet strength and ensuring efficient capital deployment.”