27.09.2010 - Nigeria: The sovereign wealth bill
From Compassnewspaper.com: At last, after much delay and resentment by the state governors, the Federal Government and the state governments have agreed to the setting up of a National Sovereign Wealth Fund. A bill to establish the Fund has also been sent to the National Assembly by President Goodluck Jonathan. A National Sovereign Wealth Fund is an investment fund owned by a country. It is usually composed of financial assets such as hard currencies, investments in high quality stocks, bonds, property, gold bars, precious metals or other financial instruments..............................................Full Article: Source
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