Nigeria’s President, Muhammadu Buhari has re-appointed Mr Uche Orji as Managing Director of the Nigeria Sovereign Investment Authority (NSIA). This is according to a statement issued by the President’s Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Thursday. Orji had been appointed in October 2012 for an initial term of five years, renewable for another term.
Under Orji’s leadership, “the NSIA has made remarkable strides, and its assets now stand at over two billion dollars, which is invested in Nigerian Infrastructure, Economic Stabilisation and Future Generation Funds”.
He stated that in line with Section 16(2) of the NSIA Act, the National Economic Council had in July, endorsed the renewal of Orji’s appointment, given his performance in the first term.
Furthermore, the President has also approved the nomination of Prof. Isa Hayatou Chiroma as the Director-General of the Nigerian Law School. Chiroma will succeed Mr Olanrewaju Onadeko, who is due for retirement. Chiroma is a Professor of Law, and currently the Deputy Director in charge of the Yola Campus of the Nigerian Law School.