Friday, February 17, 2017

NEC Approves $250m For Sovereign Wealth Fund

           Billedresultat for Nigerian National Economic Council

The National Economic Council on Thursday approved a fresh $250m  into the Sovereign Wealth Fund after absorbing annual report of the Nigerian Sovereign Investment Authority.
According to Minister of Finance Kemi Adeosun, the Money was sourced from Excessive Crude Account ECA, with the current account balance of the sovereign wealth fund standing at $2.45 billion

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