Mon, Mar 30, 2015
A A A
Welcome kivanova2
RSS

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

Governors’ stance against $2.62trn global SWF practice

Posted on 06 September 2011

Oil producing nations currently have $2.62 trillion held in Sovereign Wealth Funds (SWFs). This revlealation comes on the heels of moves by state governors to ensure that the SWF is not established in Nigeria, despite an existing law to that effect.
The governors, under the auspices of the Nigeria Governors Forum, are challenging the establishment of the SWF, a special statutory account into which the three tiers of government are reqiured to save excess accruals from oil sales above the budget benchmark, for future spending……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15985 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031