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

Nigeria and the quest for a sovereign wealth fund

Posted on 24 September 2010

From Businessdayonline.com: For quite some time now, especially during the time when late president Umaru Yar’Adua was alive, consideration for creation of a Sovereign Wealth Fund (SWF) for Nigeria was giving exploratory attention within government public policy and national economic management cycles.
The issue was rekindled when the current Minister of Finance, Olusegun Aganga was brought into the cabinet, following the death of President Yar’Adua on May 09, 2010. For example, a Technical Committee was established by Aganga to workout the modalities for the creation of the Fund……………………………………….Full Article: Source


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