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IMF has backpedalled, but can Nigeria save for future generations?

IMF

Last week, it was reported that the International Monetary Fund (IMF) ranked Nigeria’s Sovereign Wealth Fund (SWF) as the second-worst managed, after Qatar’s, but the Washington-based institution later apologised because it had mistaken the country’s SWF for its Excess Crude Account (ECA). Thought the IMF may have referred to the wrong institution in Nigeria, the…

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