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

Nigeria: Rethinking the sovereign wealth fund

Posted on 09 March 2011

From Sunnewsonline.com: The proposal for the establishment of Sovereign Wealth Fund (SWF) have drawn considerable debates, from different quarters in recent months. The debate rather than focus on key questions, whether Nigeria needs the Fund or a different structure- dissipates energy on its merits and demerits, like most issues of national importance.
Some commentators, and proponents of the fund with its envisaged structure, tend to justify their argument for it on the grounds that Nigeria is the only oil producing country without one. Whether this is enough reason for its establishment is open to debate or at best a moot point……………………………………….Full Article: Source


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