1. Establishing of Sovereign Wealth Fund.
2. Society going cashless.
3. Using Pension money for infrastructure (at least trying to)
4. Going to London to capitalize the banks
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http://allafrica.com/stories/201106080099.html
"In Nigeria, presently our infrastructure is largely financed by government through its capital project which is inadequate; We are now looking at the Pension funds," he said.
He explained further that because of some restrictive policies, CBN has not been able to channel the funds into infrastructural development.
"Our view is that the fund cannot just stay there, they are funds we can use to develop infrastructure," Sanusi said.
Also, Mr Phil Baines, Chief Operating Officer HSBC Bank Plc commended the federal government for establishing the Sovereign Wealth Fund (SWF).
He explained that it was heart warming to know that the fund would pave way for the country as the biggest oil exporter to improve its management of windfall crude oil earnings.
Also speaking, Mr Roger Brown, Head of Oil, Gas Renewables, Standard Bank, noted that the challenge facing Africa was its continuous drive for investment rather than building its local market.
"Africa needs to step away from the direct investment option and support local businesses to run themselves," Brown said.
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