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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