Nigerian President Goodluck Jonathan Sends Bill to Create Nigerian SWF

Posted on 09/14/2010


Nigeria is Africa’s largest oil producer and historically part of the monies were sent to the Excess Crude Account (ECA).  The President of Nigeria sent a bill to (National Assembly) parliament to move forward with the creation of a Nigerian Sovereign Wealth Fund.  Included is a provision to set aside around $1 billion in seed […]