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Sovereign Wealth Funds Briefing - Categorized | Financials

Financing Nigeria’s infrastructures

Posted on 14 March 2011

From Vanguardngr.com: The 2010 federal budget earmarked about $12 billion for capital expenditures and there are now concerted efforts at setting up a Sovereign Wealth Fund for Nigeria.
$12 billion capital budget is not negligible and a properly managed Sovereign Wealth Fund represents an appropriate complement in pursuit of accelerated infrastructure funding channels for Nigeria……………………………………….Full Article: Source


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