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

Nigeria: SWF - What they are not telling you

Posted on 09 September 2011

The recent call by the Nigerian Governors’ Forum (NGF) for the suspension of the implementation of the Sovereign Wealth Fund (SWF) has mostly generated angry responses from Nigerians, who are miffed that the Governors do not seem to think of tomorrow.
It should be recalled that the SWF was set up ostensibly to conserve a portion of the money due to the Federation Account from oil revenue in excess of the benchmarks used in budget appropriation by the National Assembly……………………………………….Full Article: Source


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