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Published On: Wed, Jan 22nd, 2014

Nigeria plans to boost capital of Sovereign Wealth Fund

Nigerian Finance Minister Ngozi Okonjo-Iweala said the federal government wants to increase the capital of its $1 billion sovereign wealth fund this year even as state governors protest allocations before 2015 elections. “We want to look at what we can do however small to ensure a steady streaming of income into the sovereign wealth fund,”…

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