01.07.2011 - Nigeria: Potentials of sovereign wealth fund
Having so far pushed the decision to establish the Nigerian Sovereign Investment Authority, the Federal Government has no doubt made a bold statement that it is willing and ready to subscribe to global best practice in the management of its economic and financial resources. The Nigerian Sovereign Investment Authority (NSIA) replaces the Excess Crude Account (ECA). The ECA had been widely held to be inappropriate, in view of recent global trends..............................................Full Article: Source
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