Sat, Oct 1, 2016
A A A
Welcome mteam
RSS

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

Govs can’t stop SWF, says Okonjo-Iweala

Posted on 04 October 2012

Finance Minister, Dr. Ngozi Okonjo-Iweala, has said that the Federal Government was ready to go ahead with the controversial Sovereign Wealth Fund (SWF) with or without governors.
The Co-ordinating Minister of the Economy said the Federal Government would expand the SWF by, at least, N160 billion ($1billion) a year, despite lingering opposition from governors. The fund is designed to safeguard oil revenues for future generations, and cushion Nigeria’s economy against external shocks………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19515 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
October 2016
M T W T F S S
« Sep    
 12
3456789
10111213141516
17181920212223
24252627282930
31