NIGERIA - Nigeria plans to use 400bn naira ($2.6bn) from its pension funds to encourage foreign investment in its power industry, central bank governor Lamido Sanusi said.
The bank's role will likely be to "provide the comfort and the guarantees to allow the pension funds to release the money to viable and eligible power projects," Sanusi said. President Goodluck ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
