Abuja — President Muhammadu Buhari thursday re-appointed Mr. Uchechi Orji as the Managing Director of the Nigeria Sovereign Investment Authority (NSIA).
Orji, according to a statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, was first appointed in October 2012 for an initial term of five years, renewable for another term of five years.
He said under Orji's leadership, NSIA has made remarkable strides, with its assets standing at over $2 billion, which he disclosed had been invested in Nigerian Infrastructure, Economic Stabilisation and Future Generation Funds.
According to him, Orji's re-appointment, in line with Section 16(2) of the NSIA Act, had been endorsed by the National Economic Council in July this year, following his performance in the first term.
The statement also said Buhari had approved the nomination of Professor Isa Hayatu Chiroma as the Director General of the Nigerian Law School.
Chiroma will take over from Mr. Olanrewaju Onadeko, who is due for retirement.
Chiroma, a Professor of Law, and current Deputy Director in charge of the Yola Campus of the Nigerian Law School, hails from Adamawa State.