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

Is sovereign wealth fund good for Nigeria?

Posted on 22 August 2013

Last week, I argued that the main difference between the current excess crude account (ECA) and the proposed Sovereign Wealth Fund (SWF), for all practical purposes, is a further postponement, and perhaps a bigger pie of the consumption of oil revenues because of the way government is currently structured.
My arguments had three dimensions. First, I argued that SWF is still about smoothening of oil revenues over periods of low and high oil prices. As good as that sounds, it simply means that it is not different from ECA in that essential principle………………………………………..Full Article: Source


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VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


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