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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Trends

Nigeria’s sovereign wealth chugs forward

Posted on 26 July 2012

Nigeria’s sovereign wealth funds have been a contentious political issue for the country. The direction of natural resource revenue has pitted the Nigerian Governors Forum against the Nigerian federal government.
Nigeria is sub-Saharan Africa’s largest crude oil exporter. The one billion dollar authority plans to start operations in the coming months. The Nigerian Sovereign Investment Authority (NISA) is still recruiting the fund’s management team……………………………………….Full Article: Source


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