16.04.2012 - Nigeria: Sovereign wealth wahala
It may not be enough to explain that Sovereign Wealth Fund is similar to personal or family savings because the majority of our poverty stricken citizens, who live on the proverbial $2 a day have never been blessed with surplus income to permit the luxury of savings for the basic need of food for more than a day or two at any one time! In November 2011, Dr. Iweala addressed the media and confirmed that the Governors had been carried along on the issue of the SWF; regrettably, less than a week later, the Governors revived their case against any deductions in the name of SWF from the federation account...............................................Full Article: Source
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