06.09.2012 - New SWF boss to focus on infrastructure
The newly appointed Managing Director of the Nigerian Sovereign Wealth Fund Authority (NSWFA), Mr. Uche Orji, has said he would spend the fund on local infrastructure. Orji a former Goldman Sachs Group Inc. (GS) and UBS AG (UBSN) banker said it was a crucial cornerstone of the mandate of the fund. Speaking with Bloomberg, he stressed:“This is not saving money for savings sake, this is about impacting the lives of people in a way that will be very fundamental for the future of Nigeria.”..........................................Full Article: Source
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