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PMB Reappoints Uche Orji MD Sovereign Wealth Fund

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By Jonathan Nda- Isaiah, Abuja 

President Muhammadu Buhari has re-appointed Mr Uchechi N. Orji as Managing Director of the Nigeria Sovereign Investment Authority (NSIA).
This is contained in a statement issued by his Special Adviser media, Femi Adesina.

According to Adesina, Orji was first appointed in October 2012 for an initial term of five years, renewable for another term of five years.

Under his leadership, he said the NSIA has made remarkable strides, and its assets now stand at over $2 billion, which is invested in Nigerian Infrastructure, Economic Stabilization and Future Generation Funds.

In line with Section 16(2) of the NSIA Act, the National Economic Council had in July, this year, endorsed the renewal of Mr Orji’s appointment, given his performance in the first term.

Also, President Buhari has approved the nomination of Professor Isa Hayatu Chiroma as the Director General of the Nigerian Law School.

Prof. Chiroma will succeed 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. He hails from Adamawa State.


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