All posts tagged "sovereign wealth fund"

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  Infrastructure Top Priority of Sovereign Fund Chief, Uche Orji

  Uche Orji, the former Goldman Sachs Group Inc. and UBS AG banker named to lead Nigeria’s sovereign wealth fund, plans to make spending on local infrastructure a key aim after local lawmakers opposed the fund’s creation. “It’s a crucial cornerstone of...

  • Posted September 5, 2012
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  Lawmakers Canvass for Sovereign Fund to be Domiciled in Nigerian Banks

  The House of Representatives have taken another bold step in the interest of the Nigerian economy by demanding an end to the practice of lodging excess proceeds from crude oil sales in foreign accounts. To the detriment...

  • Posted June 1, 2012
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  Federal and State Governments Fail to Reach Settlement on Sovereign Fund

  The Supreme Court has fixed September 25th as the day for the definitive hearing on the suit brought before it by the State governors challenging the legality of the Sovereign Wealth Fund account and the Excess Crude...

  • Posted May 22, 2012
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  FG Cannot Be Trusted to Manage Sovereign Wealth Fund – Gov. Fashola

  Nigeria’s most effective public official, Lagos State governor, Babatunde Fashola  has said the Federal Government cannot be trusted to manage judiciously the monies saved in the Sovereign Wealth Fund. He cited this as the reason it is...

  • Posted May 17, 2012
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  The Battle for lost grounds of Nigeria’s sovereign wealth

  In this maiden edition of ‘From our Economics Desk’, we take a look at one of the most topical issues in Nigeria – the Sovereign Wealth Fund (SWF). While political battles are being fought over the Fund’s...

  • Posted October 31, 2011
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• Sovereign Wealth Fund: State Governors want more clarity

  Nigeria’s powerful state governors have sought more clarity over how the country’s planned debut sovereign wealth fund (SWF) would work because of concerns they will have less access to oil revenues. The fund has been designed to...

  • Posted August 23, 2011
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