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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Nigeria: SWF tops agenda as governors meet

Posted on 08 August 2012

Ngozi Okonjo IwealaGovernors of the 36 states, under the platform of the Nigerian Governors Forum (NGF), yesterday night met over the contentious issues of state police, the controversial Sovereign Wealth Fund (SWF) and the constitution amendment.
Also at the meeting was the Cordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo Iweala, who, according to sources, met with the governors on the SWF and deductions from the Excess Crude Account. The governors had queried the spate of deductions by the federal government on the account, describing them as illegal………………………………………..Full Article: Source


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