Tuesday 14th July 2020
Tuesday, 14th of July 2020
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Transparency agency wants oil revenue savings transferred to Sovereign Wealth Fund

Waziri Adio

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the transfer of all the country’s oil revenue savings into the custody of the Nigeria Sovereign Investment Authority (NSIA). In an Occasional Paper titled: “The case for a robust oil savings fund for Nigeria”, NEITI stated that its position was informed by the transparency rating of the NSIA by the ...

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