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

Why we need sovereign wealth fund, by Aganga

Posted on 10 March 2011

From Vanguardngr.com: Finance Minister, Olusegun Aganga, yesterday appeared at a public hearing held by the Senate and House of Representatives Joint Committee on Finance where he disclosed that the Federal Government would soon set up the proposed Nigerian Sovereign Investment Authority (NSIA) with $1 billion (N150 billion) and proffered argument on why the country must inaugurate the NSIA now.
The Senate held the second reading on the bill to set up the authority last week and asked its Committee on Finance to conduct a public hearing on it……………………………………….Full Article: Source


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