 President Mohammed Buhari has asked the new board of the Nigeria's sovereign investment authority to make more investments that support economic diversification as global oil prices are projected to drop to around $40 per barrel by 2030. He gave the charge on Wednesday at the inauguration of the third NSIA board in Abuja shortly before he chaired a virtual meeting of the Federal Executive Council meeting feck. Following the recommendations of the National Economic Council and with the approval of his excellence, Mr. President, the current board was appointed. This group of distinguished professionals before you today, your Excellency, have been assembled as the new board of directors to play a part in contributing towards the administration's agenda of bolstering our economy and broadening the nation's basket of activities beyond oil. In the May, the board will, on behalf of the Nigerian people, guide and oversee the NSIA management activities towards delivering outcomes that will transform the fortunes of our country. Using the NSIA Act as a guide, the board will be required to superintend over initiatives that meet the current and future needs of Nigeria. On our part as government, we will continue to support the authority with the necessary policies and framework to ensure that the mission of the institution is delivered in a transparent, sustainable and inclusive manner. Well aware that this is a very huge task as a board. The previous board has set a very high bar. Some of the impactful projects that have been executed still need to be completed. We are also well aware of the funding challenges that the government is facing. And so our plan is to ensure that we continue to push forward the projects that the previous board under the guidance and directors of Mr. President complete in a very economical and efficient manner. So for us that is the assurance we would like to give Mr. President that we will continue to push on those infrastructure projects, those social impactful projects and all other projects that will further enhance the economic well-being of Nigeria. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.