Sat, Apr 19, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

Sovereign wealth fund hits $1bln as FG, states reach compromise

Posted on 20 January 2012

The Federal and state governments have finally agreed to withdraw the sum of $1 billion from the Excess Crude Account (ECA) into the Sovereign Wealth Fund Account.
Ngozi Okonjo-Iweala, Finance Minister and Co-ordinating Minister for the Economy, who disclosed this at the ongoing Investigative Public Hearing on Fuel Subsidy Management in Abuja , added that the total sum of $1.001 billion was accrued into the account domiciled with the Central Bank of Nigeria (CBN)………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930