11.10.2012 - Nigeria's sovereign wealth fund formally takes off

Nigeria's sovereign wealth fund formally took off on Tuesday with the inauguration of the Nigeria Sovereign Investment Authority (NSIA) by President Goodluck Jonathan who said the fund should be used to drive infrastructure development that would benefit future generations. President Jonathan told the NSIA, which is the governing board, that a new era of financial responsibility had come for Nigeria...............................................Full Article: Source

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