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

Nigeria: Delta Accountant-General advises on Sovereign Wealth Fund

Posted on 14 March 2011

From 234next.com: Cyril Agbele, Accountant General of Delta State has advised that the three tiers of government should be fully involved in the utilisation of the proposed Sovereign Wealth Fund (SWF).
When established by law, the SWF would over-ride the Excess Crude Account into which the Federal Government currently deposits excess crude oil revenue and shares with other tiers of government as a back-up to their regular monthly revenue allocation……………………………………….Full Article: Source


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