| President Muhammadu Buhari has met with the Nigeria Sovereign Investment Authority (NSIA), with focus on the performance of the Sovereign Wealth Fund, and the construction of the Second Niger Bridge.
At the Wednesday meeting between the Managing Director of the NSIA, Uche Orji, and the President, it was gathered that the Federal Government’s contribution to the Sovereign Wealth Fund (SWF) has been affected by the falling crude oil prices in the international market. Briefing reporters at the end of the meeting, Mr Orji, said that the $1 billion initial sovereign fund contributed by the government recorded 15.7 billion Naira profit in 2014...............................................Full Article: Source
|