Nigeria’s Sovereign Wealth Chugs Forward
Nigeria’s sovereign wealth funds have been a contentious political issue for the country. The direction of natural resource revenue has pitted the Nigerian Governors Forum against the Nigerian federal government. Nigeria is sub-Saharan Africa’s largest crude oil exporter. The one billion dollar authority plans to start operations in the coming months. The Nigerian Sovereign Investment Authority (NISA) is still recruiting the fund’s management team.[Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]
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