Section 26: Consideration for Purchase of Eligible Bank Assets.

(1) The consideration to be furnished by the Corporation for an eligible bank asset shall be 7 years bonds or such other debt securities of such other tenor as the Central Bank of Nigeria may prescribe, issued by the Corporation and guaranteed by the Federal Government of Nigeria or such other form of consideration as may be approved by the Central Bank of Nigieria.
(2) Bonds or other debt securities issued by the Corporation in pursuance of subsection (1) of this section, shall qualify-
(a) as an instrument in which the Central Bank of Nigeria may invest under the Central Bank of Nigeria Act ;
(b) as an instrument in which pension funds may be invested under the Pension Reform Act, 2004; and
(c) as an instrument for the purposes of section 28 of the Central Bank of Nigeria Act.