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

Nigeria: National Assembly, AIAE seek fund to protect oil price

Posted on 02 July 2009

From Allafrica.com: The National Assembly and the African Institute for Applied Economics (AIAE) have called for the setting up of a national stabilization fund to further protect the country from global oil price instability.

The call, which is contained in a communiqu» issued by the bodies at the end of a national symposium on policy analysis, research and project in Abuja also observed that the global economic crisis and its negative consequences on the Nigerian economy has made it an urgent need for the country to diversify away from oil………Full Article: Source


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