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

Nigerian sovereign wealth fund law

Posted on 28 September 2011

The Nigerian Government has passed into law the Sovereign Investment Authority (Establishment, Etc.) Act 2011 to among other things establish a Nigerian Sovereign Investment Authority.
This Authority is charged to receive, manage and invest in diversified portfolios, the medium and long-term revenue of the Federal Government, all the State Governments, the Federal Capital Territory, the Local Government and all the Area Councils in Nigeria………………………………………Full Article: Source


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