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Nigerian Sovereign Wealth Fund Grows to $2 Billion, CEO Says

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Uche Orji

Uche Orji

Photographer: NurPhoto via Getty Images
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Nigeria’s sovereign wealth fund stood at $2 billion this month with the investment agency seeking further growth through agriculture and the addition of asset management, its chief executive officer said.

The government’s contribution stands at $1.5 billion, with the rest including funds owned by the institution and those managed for several government agencies, Uche Orji of the Nigeria Sovereign Investment Authority said in an interview on Wednesday in Kazakhstan’s capital, Astana.