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Nigeria Ranked 2nd Worst in Use of Sovereign Wealth Fund in the World

Nigeria has been ranked second worst country in the world in the use of sovereign wealth funds.

The International Monetary Fund, IMF, according to the Fiscal Monitor report released today, ranked Qatar the first worst nation in the world.

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.

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