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Published On: Tue, Nov 5th, 2013

Only $1bn still in sovereign wealth fund, says Okonjo-Iweala

Ngozi Okonjo-Iweala, the minister of finance and coordinating minister for the economy, on Monday told the National Assembly joint finance committees that only $1 billion have been paid into the Sovereign Wealth Fund. Okonjo-Iweala, who appeared before the joint committees, however, admitted that the inability of states and local governments to agree was responsible for…

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