Sun, Dec 28, 2014
A A A
Welcome preal121
RSS

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

Nigeria: Government defines sovereign wealth fund targets

Posted on 31 May 2011

Higher revenues realised from the export of the country’s oil resources in excess of budgeted oil benchmarks under the newly established Sovereign Wealth Fund (SWF) are to be channeled into special funds for infrastructure development, protection of the future of Nigerian youth, and provision for annual fiscal stability.
Minister of finance, Olusegun Aganga, said at the formal assent to the Bill establishing the Nigerian Sovereign Investment Authority (NSIA) that the SWF has three components, namely the Nigeria Infrastructure Fund; the Future Generations Fund; and the Stabilisation Fund……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15441 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031