Nigeria to establish wealth fund

London: Nigerian Finance Minister Olusegun Aganga said he wants Africa’s largest oil producer to start a sovereign wealth fund in October, dedicating most of the money to investment in infrastructure.

“We have, just recently, had a beauty parade by all the legal and investment advisers who are keen to assist,” Aganga said in an interview in London.

“Within the next day or two, we will be appointing the advisers.”