From Afriqueavenir.org: Nigeria’s proposed Sovereign Wealth Fund to be financed with oil revenue would be set up in October with US$1 billion to help pay for infrastructure, Finance Minister Olusegun Aganga said in Abuja on Tuesday.
“The oil-financed infrastructure fund would encourage foreign investment in the power industry and abolish fuel subsidies and is targeted at helping to galvanise economic growth of 10 per cent,” he said……………………………………….Full Article: Source