| The Supreme Court on Tuesday said the legal tussle over the creation of the Sovereign Wealth Fund (SWF) was not ready for hearing. The case has been fixed for January 26, 2015. Presiding judge, Justice Mahmud Mohammed, said the case was not ripe for hearing because vital documents were not in the case file.
"In order to hear the case, it is necessary for counsels to go to the registry and make sure that all necessary processes were in the file," Mahmud said. The sovereign wealth fund manages the surplus income produced from Nigeria's excess oil reserves on behalf of the states and federal governments...............................................Full Article: Source
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