{"id":16310,"date":"2017-08-08T11:25:47","date_gmt":"2017-08-08T10:25:47","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=16310"},"modified":"2017-08-08T11:25:47","modified_gmt":"2017-08-08T10:25:47","slug":"investment-fund-contributors-reap-dividends-2018","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/","title":{"rendered":"Investment Fund Contributors To Reap Dividends From 2018"},"content":{"rendered":"<p>The Managing Director, Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, said on Monday that contributors to the Sovereign Wealth Fund will be eligible to dividends from 2018.<\/p>\n<p>Orji disclosed this in Abuja when the Minister of Information and Culture, Alhaji Lai Mohammed, paid him a working visit.<\/p>\n<p>\u201cWe are not allowed to pay dividends until after 5 years of consistent profitability.<\/p>\n<p>\u201cFrom next year, the federal, states and local government will be eligible for dividends from the contributions they made,\u2019\u2019 he said.<\/p>\n<p>Orji said that NSIA was set up in 2012 as an agency, to build a saving base for the country, enhance development of the nation infrastructure and provide stabilization support in times of economic stress.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>He said that the Federal Government owned 46 per cent contribution to the Fund while the states and local governments owned the balance of 54 per cent.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Photo Caption:<\/strong><\/p>\n<p>MANAGING DIRECTOR, NSIA, MR UCHE ORJI; CHAIRMAN, MR MAHEY RASHEED AND FORMER MINISTER OF FINANCE , DR NGOZI OKONJO-IWEALA<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Managing Director, Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, said on Monday that contributors to the Sovereign Wealth Fund will be eligible to dividends from 2018. Orji disclosed this in Abuja when the Minister of Information and Culture, Alhaji Lai Mohammed, paid him a working visit. \u201cWe are not allowed to pay dividends &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":16311,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23],"tags":[2487],"coauthors":[2391],"class_list":["post-16310","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-investment-fund"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Investment Fund Contributors To Reap Dividends From 2018 - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investment Fund Contributors To Reap Dividends From 2018 - National Wire\" \/>\n<meta property=\"og:description\" content=\"The Managing Director, Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, said on Monday that contributors to the Sovereign Wealth Fund will be eligible to dividends from 2018. Orji disclosed this in Abuja when the Minister of Information and Culture, Alhaji Lai Mohammed, paid him a working visit. \u201cWe are not allowed to pay dividends &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-08T10:25:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/OKonjo-Iweala-right-with-officials-of-NSIA-in-Abuja.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"460\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/OKonjo-Iweala-right-with-officials-of-NSIA-in-Abuja.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/OKonjo-Iweala-right-with-officials-of-NSIA-in-Abuja.jpg\",\"width\":460,\"height\":360,\"caption\":\"PIC.7. FROM LEFT: MANAGING DIRECTOR, NIGERIA SOVEREIGN INVESTMENT AUTHORITY (NSIA), MR UCHE ORJI; CHAIRMAN, MR MAHEY RASHEED AND MINISTER OF FINANCE AND COORDINATING MINISTER FOR THE ECONOMY, DR NGOZI OKONJO-IWEALA DURING THE VISIT OF THE MINISTER TO NSIA IN ABUJA ON THURSDAY (1\/8\/13).\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/\",\"name\":\"Investment Fund Contributors To Reap Dividends From 2018 - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#primaryimage\"},\"datePublished\":\"2017-08-08T10:25:47+00:00\",\"dateModified\":\"2017-08-08T10:25:47+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investment Fund Contributors To Reap Dividends From 2018\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Investment Fund Contributors To Reap Dividends From 2018 - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/","og_locale":"en_US","og_type":"article","og_title":"Investment Fund Contributors To Reap Dividends From 2018 - National Wire","og_description":"The Managing Director, Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, said on Monday that contributors to the Sovereign Wealth Fund will be eligible to dividends from 2018. Orji disclosed this in Abuja when the Minister of Information and Culture, Alhaji Lai Mohammed, paid him a working visit. \u201cWe are not allowed to pay dividends &hellip;","og_url":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/","og_site_name":"National Wire","article_published_time":"2017-08-08T10:25:47+00:00","og_image":[{"width":460,"height":360,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/OKonjo-Iweala-right-with-officials-of-NSIA-in-Abuja.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/OKonjo-Iweala-right-with-officials-of-NSIA-in-Abuja.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/OKonjo-Iweala-right-with-officials-of-NSIA-in-Abuja.jpg","width":460,"height":360,"caption":"PIC.7. FROM LEFT: MANAGING DIRECTOR, NIGERIA SOVEREIGN INVESTMENT AUTHORITY (NSIA), MR UCHE ORJI; CHAIRMAN, MR MAHEY RASHEED AND MINISTER OF FINANCE AND COORDINATING MINISTER FOR THE ECONOMY, DR NGOZI OKONJO-IWEALA DURING THE VISIT OF THE MINISTER TO NSIA IN ABUJA ON THURSDAY (1\/8\/13)."},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/","name":"Investment Fund Contributors To Reap Dividends From 2018 - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#primaryimage"},"datePublished":"2017-08-08T10:25:47+00:00","dateModified":"2017-08-08T10:25:47+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/investment-fund-contributors-reap-dividends-2018\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"Investment Fund Contributors To Reap Dividends From 2018"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/16310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=16310"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/16310\/revisions"}],"predecessor-version":[{"id":16312,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/16310\/revisions\/16312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/16311"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=16310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=16310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=16310"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=16310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}