Tag: Sovereign Wealth Fund
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Reps shut out media in N1.017 trillion Sovereign Wealth Fund probe
The House of Representatives Ad hoc Committee investigating the utilisation of N1.017 trillion accrued into Sovereign Wealth Fund (SWF) on Friday said it preferred to continue its assignment without media coverage.
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FG reacts to IMF report ranking Nigeria ‘world’s second worst user of sovereign wealth funds’
The Federal Government on Friday reacted to the latest report by the International Monetary Fund (IMF) ranking Nigeria as the world’s second worst user of sovereign wealth funds. The Managing Director of the Nigeria Sovereign investment Authority (NSIA), Uche Orji, said the report was both “fundamentally flawed” and “laughable”. Recall that the IMF in its…
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Buhari appoints heads for Sovereign Wealth Fund, Nigerian Law School
President Muhammadu Buhari has re-appointed Uchechi Orji as the Managing Director of the Nigeria Sovereign Investment Authority, NSIA. He has also approved the nomination of Isa Chiroma as the Director-General of the Nigerian Law School. This was disclosed on Thursday in a press statement issued by presidential spokesperson, Femi Adesina. Mr. Orji was first appointed…