| 11.01.2012 - Nigeria: 2012 economic outlook: Uncertainty about growth, debts |
| Shortly after the issue of the minimum wage, government set up the Sovereign Wealth Fund, SWF, to save the surplus between the budget benchmark and the actual price of crude oil. The SWF, which effectively replaced the Excess Crude Account, took off with an initial $1billion seed fund. President Goodluck Jonathan also inaugurated the Economic Management Team, EMT, co-ordinated by the finance minister and former World Bank director...........................................Full Article: Source |