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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Nigeria: SWF to invest in capital market, aviation sector

Posted on 16 September 2013

Managing Director of the Nigerian Sovereign Investment Authority (NSIA), Mr. Uche Orji, has said that the authority was looking at investing in Monoline insurance, securities, health and aviation sectors of the economy.
He also explained that each of the components which makes up the Sovereign Wealth Fund (SWF), including Stabilisation, Infrastructure and Future Generation Funds, would have to be operated profitably for five years before returns by way of dividends could be made into the federation account for the three tiers of government to share………………………………………..Full Article: Source


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