President Buhari approves appointments of sovereign wealth agency board members

Nigeria’s leader President Muhammadu Buhari has made fresh appointments just over a week after returning from vacation in the United Kingdom.

President Buhari has approved appointments of those that will manage Nigeria's investments and save for the future of the country

The president approved the list of nominees into the reconstituted board of directors of the Nigeria Sovereign Investment Authority, Premium Times reports.

The approval was announced by the agency on Wednesday, March 22 in a statement in Abuja.

It said the list had earlier been approved by its Governing Council.

The National Economic Council, NEC, during its last meeting received the list of nominees.

The list of the new Board nominees includes:

1. Olajide Zeitlin (South West) – Chairman

2. Bello Maccido (North West)

3. Lois Laraba Machunga-Disu (North Central)

4. Urum Kalu Eke, (South East)

5. Halima Buba (North-East)

6. Asue Ighodalo (South-South)

The Nigeria Sovereign Investment Authority is a federal government-owned investment agency which was established to manage the fund set aside for investments in real and financial asset in strategic sectors of the economy.

Meanwhile, President Buhari has expressed concern over the menace of examination malpractices and fake certificates in the country.

The president also condemned the spate at which public servants and individuals of questionable wealth were being celebrated with alumni recognitions, honorary degrees, chieftaincy titles and sometimes higher religious titles.