(EnergyAsia, September 16 2010, Thursday) — The Nigerian government plans to establish a sovereign wealth fund that will be funded by oil revenues, according to Finance Minister Olusegun Aganga. The US$1 billion fund, targeted to be ready next month, will help pay for the construction of infrastructure projects the country badly needs. Part of it…
NIGERIA: Government to create US$1 billion oil-backed sovereign wealth fund
Posted on September 15, 2010 by EnergyAsia