| 23.06.2010 - Nigeria: There should be oil sovereign fund, says Utomi |
| From Allafrica.com: Professor Pat Utomi, Chairman of the Social Democratic Mega Party has opined that only $30 of the value of oil sold should go into the Federal Allocation Account, FAAC. The rest of the money should be kept in a Stabilisation Fund for a variety of federal interventions for subsidizing the everyday living of the poorest of the poor in our nation as well as investment for future generations of Nigerians...............................................Full Article: Source |