27.04.2010 - The allure of sovereign wealth funds
From Businessdayonline.com: As Nigeria decides to set-up a Sovereign Wealth Fund, the allure and strategic importance of such a Fund becomes instructive. Nigeria will soon join other members of the Organisation of Petroleum Exporting Countries (OPEC) to float a Sovereign Wealth Fund (SWF) as the federal government now jettisons the grossly abused Excess Crude Account (ECA) which was an extra-legal creation of the last Olusegun Obasanjo administration.........................................Full Article: Source
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