The Nigeria Solidarity Support Fund is a partnership between Global Citizen Nigeria and the Nigeria Sovereign Investment Authority (NSIA).
Global Citizen is an advocacy organisation dedicated to ending extreme poverty by 2030. It was founded in 2008, and is headquartered in New York; with offices in Canada, Nigeria, South Africa, Australia, Germany, and the United Kingdom.
Global Citizen encourages people to learn about global issues related to extreme poverty, and take action on these issues through its online platform and via its app. Those actions apply pressure on world leaders to make commitments around the issues associated with extreme poverty — such as gender equality, food security, education, the environment, health, and sanitation.
So far, more than 27.8 million actions have been taken by Global Citizens, driving commitments from world leaders, philanthropists, corporations, and more, that have impacted 880 million lives to date.
The Nigeria Sovereign Investment Authority is an agency of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.
Its mission is to play a leading role in driving sustained economic development for the benefit of all Nigerians through building a savings base for the Nigerian people, enhancing the development of Nigeria’s infrastructure, and providing stabilisation support in times of economic stress.
The wealth fund commenced operations in October 2018 under President Buhari and was set up by the Nigeria Sovereign Investment Authority Act, which was signed in May 2011. It is intended to invest the savings gained on the difference between the budgeted and actual market prices for oil to earn returns that would benefit future generations of Nigerians.