16.09.2010 - Nigeria: Govt submits sovereign wealth fund bill to National Assembly
From Allafrica.com: The Federal Government has submitted the bill to give legal backing to the Sovereign Wealth Fund (SWF) to the National Assembly. President Goodluck Jonathan said yesterday in Abuja at a meeting with honorary foreign investment advisers that the government was committed to creating the environment for the take-off of the Fund. "I have forwarded a bill to the National Assembly to create a national sovereign fund to ensure that we have the legal underpinning for national savings," Jonathan said..............................................Full Article: Source
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