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

FG, states fail to agree on sovereign wealth fund

Posted on 30 September 2011

The Federal Government has failed to convince the 36 state governors on the need for them to support the Sovereign Wealth Fund. The two parties, which held a meeting that ran into the late hours of Wednesday in Abuja, stuck to their positions.
Our correspondent gathered that the Federal Government team to the meeting led by the Minister of Finance, Mrs. Ngozi Okonjo-Iweala, tried to persuade the governors to change their opposition to the SWF……………………………………….Full Article: Source

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