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

Nigerians in diaspora hail sovereign wealth fund

Posted on 09 August 2010

From Thisdayonline.com: Nigerians resident in the United States of America have declared support for the establishment of the Fiscal Responsibility Commission and the proposed establishment of the Sovereign Wealth Fund (SWF) in the country.
President of the Nigerian Society of South Central Pennsylvania, Mr Alexander Iloka Rajis who expressed the feeling of the Diaspora in a chat with newsmen said Nigerians abroad were excited at the prospect of setting up a Sovereign Wealth Fund. Rajis also applauded the position of the International Monetary Fund (IMF) over the idea of the Sovereign Wealth Fund……………………………………….Full Article: Source

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