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.
Breaking: Yoruba Obas Forum Set To Dethrone Olugbo of Ugbo APRIL 30, 2019 If the threat from the Yoruba Obas Forum is anything to go by, Oba Akinruntan, the Olugbo of Ugbo will be dethroned any moment from now. My State News Observed. The richest Yoruba Monarch Oba Dr Fredrick Obateru Akinruntan, Olugbo of Ugbo has been accused of endorsing and crowned what he calls diaspora Obas among other things. The Monarch was said to have committed an aberration and he should be dethroned. In a release to the media, the forum after thorough deliberation stated: “Those who cannot be angry at evil lacks enthusiasm for good. And there is an age long Yoruba that says Agba kii wa loja ki ori omotuntun wo: The attention of the Yoruba Obas Forum being the umbrella body of over 200 Obas in the South West and North Central regions of Nigeria (comprising of Osun, Ogun, Oyo, Ekiti, Ondo, Lagos Kogi, Kwara States of Nigeria) has been drawn to the recent illegal, unwarranted and unprecedented endorsement and
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