Nigerian Sovereign Wealth Funds and the Future

Posted on 02/22/2012


Last year, Nigeria, the biggest oil producer in sub-Saharan Africa, replaced its Excess Crude Account (ECA) with three sovereign wealth funds, Future Generations Fund, Nigerian Infrastructure Fund and Stabilization Fund, under the management of the Nigerian Sovereign Investment Authority (NSIA). The future generations fund will focus on providing and generating income for the country’s citizens. […]

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