Sun, Sep 24, 2017
A A A
Welcome mteam
RSS

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

Nigeria: There should be oil sovereign fund, says Utomi

Posted on 23 June 2010

From Allafrica.com: Professor Pat Utomi, Chairman of the Social Democratic Mega Party has opined that only $30 of the value of oil sold should go into the Federal Allocation Account, FAAC.
The rest of the money should be kept in a Stabilisation Fund for a variety of federal interventions for subsidizing the everyday living of the poorest of the poor in our nation as well as investment for future generations of Nigerians………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
September 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
252627282930