| Analysts advised the new board of the Sovereign Wealth Funds to set up operational structures and processes for the fund to achieve its objectives of building a savings base, enhancing the development of Nigerian infrastructure and providing stabilisation support in times of economic stress.
The advice comes on the heels of the appointment of the team, by Ngozi Okonjo-Iweala, minister of finance and co-ordinating minister of the economy, in Abuja. The appointment of the board will move Nigeria closer to joining most of its OPEC partners in steering oil revenues into longer-term investment...............................................Full Article: Source
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