ABUJA (Reuters) - Nigeria's powerful state governors said on Monday they had approved federal government's proposal to launch a sovereign wealth fund with an initial $1 billion, ending months of political wrangling. Finance Minister Ngozi Okonjo-Iweala said in October last year the fund was being launched but governors initially blocked the proposal, leading to eight months of negotiations. ...
Read the rest of the story on Yahoo Nigerian News
Added June 26, 2012
from Yahoo Nigerian News