03.02.2016 - Sovereign Wealth Funds Showing Interests In Nigeria’s $25bn Infrastructural Fund
The Federal Government’s plan to raise a $25 billion Infrastructural Fund from the global community and establish long term bankable projects is gaining traction, Vice President, Prof. Yemi Osinbajo, has said.“We have seen considerable favorable interests from some sovereign wealth funds and other nations,” the VP said. The VPsaid the Nigeria Sovereign Investment Authority (NSIA) which manages the country’s sovereign wealth fund is leading the project, adding that the Infrastructural Fund would create opportunity for commercial partners to participate in the building of the nation’s infrastructures alongside the Federal Government...............................................Full Article: Source
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