04.07.2011 - Liabilities must take centre stage at SWFs
Nigeria has become the latest country to create a sovereign wealth fund, the newest in a long line of commodity-rich nations endeavouring to preserve its wealth for future generations. Crucially, the Nigeria Sovereign Investment Authority Bill, signed into law in May, has established a tripartite model: a savings fund, an economic stabilisation fund and an infrastructure fund..............................................Full Article: Source
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