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

Nigeria: Aganga, stakeholders make case for sovereign wealth fund

Posted on 10 March 2011

From Vanguardngr.com: The senate yesterday inched closer to the establishment of a Sovereign Trust Fund as stakeholders at a public hearing, including the federal and state governments, as well as the Nigeria Labour Congress, applauded the proposed establishment of Sovereign Investment Wealth Fund Authority, saying it was the answer to efficient management of the nation’s resources, especially for generations yet unborn.
Minister of Finance, Olusegun Aganga, who appeared before the joint committees of the Senate and the House of Representatives on Finance, informed the committees that in its determination to ensure a quick take off of the proposed fund………………………………………Full Article: Source


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