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

Governors and sovereign wealth fund

Posted on 29 August 2011

Three months after the bill for the establishment of a Sovereign Wealth Fund (SWF) was passed by the two chambers of the National Assembly and signed into law by President Goodluck Jonathan, state governors under the Nigeria Governors Forum (NGF) are, again, calling for its review and amendment.
The governors, who renewed their opposition to some provisions of the law at the end of a recent meeting with the nation’s economic managers, hinged their new position on the unconstitutionality of the legislation……………………………………….Full Article: Source

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