25.07.2011 - New ways of managing Nigeria’s wealth
The Nigeria Sovereign Investment Authority, set up to manage the country’s Sovereign Wealth Fund, is the country’s new approach to planning for tomorrow. One thing for which Olusegun Aganga would be remembered when he was minister of finance is his concept of sovereign wealth fund, SWF. Aganga, now minister of the newly created Trade and Investment Ministry, worked assiduously for its creation in fulfilment of the mandate given to him by President Goodluck Jonathan. But what is sovereign wealth fund and how does it operate?.............................................Full Article: Source
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