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

At last, a wealth fund for Nigeria

Posted on 13 May 2011

The passing of the Nigerian Sovereign Investment Authority Bill into law by the Senate opens a new vista in the country’s quest to achieve transparency in revenue management. After several years of pillaging of the country’s resources and with little to show for the huge accruals over the years, the passage of the Bill gives a flicker of hope.
Indeed, Nigeria is behind in the setting up of the fund as the list of 36 countries with wealth funds will show……………………………………….Full Article: Source


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