Nigeria's NSIA and the World Bank Partner to Finance Key Infrastructure Initiatives for Electricity and Maritime Transport

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•Set to launch Nigeria Infrastructure Finance Guarantee Platform

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By Emma Ujah,

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The Nigeria Sovereign Wealth Fund (NSIA) and the World Bank are working towards financing large scale power and ports infrastructure projects in Nigeria.

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Briefing the press on the 2025 financials of the Authority in Abuja yesterday, NSIA’s Managing Director, Mr. Aminu Umar-Sadiq, said to this effect the Nigeria Infrastructure Finance Guarantee Platform (NIFGP) would soon be launched.

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NIFGP is a joint initiative between the NSIA and the World bank designed to catalyse private sector investment in infrastructure projects

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He stated: “Financing and execution of large scale infrastructure projects for a country as large as ours, with the demography, with the size of GDP, I think it is important for NSIA to lead the way in finding sustainable solutions for funding large scale projects, not mid-sized or small size projects, but large scale projects, and it will be a combination of a project preparatory component, a viability gap component, infrastructure financing component and a guarantee component, basically the four things that are required in general to solve such issues.

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“That large scale financing will focus, not just power sector. It is in any hard infrastructure sector that would allow a scale up of airports and seaports, power transmission, and so on.”

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Umar-Sadiq further stated that NSIA was in partnership with other investors to invest in other countries of the Global South as part of its strategy to maintain a diversified portfolio.

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According to him, NSIA recorded Core Operating Income of N525.3 billion and Core Total Comprehensive Income (TCI) of N478.8 billion for the full year ended 2025

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On the performance, he said despite prevailing macroeconomic volatility both locally and globally, as well as heightened geopolitical tensions, the organisation delivered robust results.

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“This resilient growth was underpinned by a total of N360.8 billion in capital contribution during the year and N478.8 billion in core earnings.

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“This growth was driven by dynamic asset allocation, efficient liquidity deployment, a 35.8% increase in investment securities, and improved returns across multiple asset classes. Together, these factors contributed to strengthening the balance sheet,” the NSIA MD added.

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