Sovereign Wealth Fund

It’s governors who took Jonathan to court I blamed for lack of political will to save – Okonjo-Iweala clarifies statement

August 15, 2016 Amurun KelvinLeave a Comment

Ngozi Okonjo-Iweala, former minister of finance, says her statement blaming the lack of political will to save funds under the administration of former President Goodluck Jonathan has been taken out of context. Speaking on the Chilean saving example at the George Washington University on Thursday, the former minister had said “zero political will to save […]

It’s imperative to make saving for investment a first line charge by Kalu Aja

December 31, 2015 Leave a Comment

Nigeria and Saudi Arabia are both oil economies, both get more than 80% of their Foreign Exchange earnings from one commodity Crude Oil…. both have been hit hard by falling oil prices, both have significant record budget deficits, Saudi Arabia has $98b deficit, Nigeria has an $11b budget deficit, both are engaged in armed conflict […]