Nigerians are able to solve most complex issues – Osinbajo

by Azeez Adeniyi

Acting President Yemi Osinbajo on Friday said Nigerians have proved that they have all it takes to deliver on most complex issues facing the country through the Nigeria Sovereign Investment Authority.

Osinbajo said this while inaugurating the Board of Directors of the NSIA, chaired by Jide Zeitlin, at the Presidential Villa, Abuja.

He noted that the discipline and rigour with which the entity was founded and operated reflects its capacity to deliver on its mandate.

He said, “Indeed, the NSIA has demonstrated that not only do we have the capacity as Nigerians to deliver on some of the most complex issues, but that we have the men and women to do so.

“Since inception, the NSIA has maintained the track record of consistent positive performance and displayed an impressive capacity for growth.

“We are proud of its accomplishments and commend the staff and management of the institution.”

Osinbajo added, “Indeed, despite the fiscally constrained environment, this administration has been able to increase the Federal Government’s commitment to the NSIA by 50 per cent, committing an additional $500m.

“Though the Federal Government is committed to saving, the actual charge with this additional capital is investment.

“Thus, as the NSIA moves to the second phase of its existence, the expectation is that the committed capital will be deployed into projects that are in line with the administration’s key priority areas, namely: infrastructure and agriculture in order to improve our economy.

“For example, we expect prompt action on the commodities exchange, a vital component of our agricultural reform effort.

“I am pleased to note your participation with the governments of Delta and Akwa Ibom on the modular refineries project.”

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