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

Sovereign wealth fund begins in March, says CEO

Posted on 22 February 2013

Nigeria’s Sovereign Wealth fund (SWF) will begin full operations by the end of next month, its Chief Executive Officer, Uche Orji, has said. He disclosed this to State House correspondents yesterday at the end of the National Economic Council (NEC) meeting presided over by Vice President Namadi Sambo at the Presidential Villa, Abuja.
Orji, who briefed journalists alongside Governor Peter Obi of Anambra State; Minister of Finance, Dr. Ngozi Okonjo-Iweala; and the Minister of National Planning, Shamsudeen Usman, had ealier given a progress report of the fund at the NEC meeting. He said the Fund was in the process of puting its full complement of staff in place by March, when limited security investment would begin……………………………………..Full Article: Source


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