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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Profile/New Launches, People

SWF: PDP govs may dump suit

Posted on 31 October 2011

State governors elected on the platform of the Peoples Democratic Party (PDP), may pull out of the suit filed last week at the Supreme Court against the Federal Government over the establishment of the Sovereign Wealth Fund (SWF).
The Presidency is said to be shocked by the decision of the Nigeria Governors Forum (NGF) to take the matter to court when all avenues for resolving the matter have not been explored. It has since been lobbying them to have a rethink………………………………………..Full Article: Source


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