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2006Event

Nigeria Sovereign Investment Authority idea emerges from excess crude debates

Savings from oil revenues were contested through the Excess Crude Account before later sovereign-wealth legislation.

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2006

Nigeria Sovereign Investment Authority idea emerges from excess crude debates

Savings from oil revenues were contested through the Excess Crude Account before later sovereign-wealth legislation.

1000reasons.voteEditorial timeline entry

What happened

Savings from oil revenues were contested through the Excess Crude Account before later sovereign-wealth legislation. Federal-state tensions centered on whether oil windfalls should be saved or shared.

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