BREAKING: IMF Ranks Nigeria Second Worst In The World In Use Of Sovereign Wealth Fund
April 10, 2019 IMF, News Alert, Nigeria, world news
The International Monetary Fund has ranked Nigeria as the second worst country in the world in the use of sovereign wealth funds.
According to the Fiscal Monitor report released on Wednesday, Qatar was the only country worse than Nigeria on the index.
The Bretton Wood institution said the index was compiled using the corporate governance and transparency scores of the sovereign wealth funds and the size of assets as a percentage of 2016 GDP of the countries considered.
Goodwill Message.
PRESS STATEMENT Inauguration: Irele LG Council Boss, Ajimotokin Congratulates Tinubu/Shettima. • Says Nigeria is in Safe Hands. The Executive Chairman, Irele Local Government, Hon. (Barr.) Olusegun Ajimotokin has conveyed his heartfelt felicitation to the newly sworn-in Nigeria President, Asiwaju Bola Ahmed Tinubu GCFR and the Vice President, Senator Kashim Shettima GCON on their inaugurations. Hon. Ajimotokin described the inauguration of the President and his Vice as a positive development and a clear demonstration of the collective wishes of Nigerians in yearning for new leadership in the country. The Council Boss affirmed that with Asiwaju Bola Ahmed Tinubu GCFR as President and Senator Kashim Shettima as Vice President Nigeria would stand the place of pride in the international community owing to the significant track record of the duo as new Nigeria leaders while calling on Nigerians to join hands with Tinubu led government in moving Nigeria fo...
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