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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Nigeria: Sovereign wealth fund law should stay

Posted on 15 September 2011

The recent debate on the Sovereign Wealth Fund (SWF) by the governors’ forum after the law establishing it has been passed, reminds me of what a diplomat at the American Embassy once discussed with me several years ago.
He was always amused about the nonchalant attitude of Nigerians to bad laws. Many Nigerians, even the so called elite, sit by, while bad laws are being made. They will not lift a finger to challenge it or even raise awareness to the problems the new law will create. They only wait after the law has been made to find a way around it……………………………………….Full Article: Source


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