11.02.2014 - FG SWF to boost power sector projects
The Federal Government on Monday said $550 million had been released to the Sovereign Wealth Fund (SWF) managed by the Nigeria Sovereign Investment Authority (NSIA) for investment in the power sector. The Coordinating Minister for the Economy and Finance Minister, Dr Ngozi Okonjo-Iweala said shortly after the opening session of the International Conference on Power Sector and Infrastructure Financing in Abuja, that $200 million of the amount would be deployed into the Infrastructural Fund of the NSIA to finance gas to power investments with the private sector...............................................Full Article: Source
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