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

Nigeria: NEC blames banks over failed agric fund

Posted on 11 August 2010

From Vanguardngr.com: National Economic Council, NEC, deferred presentation of the report on the proposed sovereign wealth fund which was expected to be submitted at its yesterday’s meeting by a committee of governors headed by the Finance minister.
According to the Governor Rotimi Amaechi , “one of the issues discussed is that we reviewed the N200 billionv commercial agriculture credit scheme with CBN and the banks and we looked at the fact that a lot of people are not able to access the scheme……………………………………….Full Article: Source

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