Section 87: Investment of Resolution Fund.

(1) All moneys standing to the credit of the Resolution Fund which are not immediately required to be utilised shall be invested in any of the following-
(a) debt securities issued, or which are guaranteed by the Federal Government of Nigeria or the Bank;
(b) with the prior written consent of the Bank, debt securities issued, or which are guaranteed by the central government of a sovereign country;
(c) with the prior written consent of the Bank, debt securities issued, or which are guaranteed by an international financial institution of which Nigeria is a member;
(d) repurchase agreements fully collaterised by debt securities of the governments and institutions mentioned in paragraphs (a)-(c), with a maximum maturity of 30 days; and
(e) such other debt securities or instruments that the Board of Trustees may with the approval of the Bank from time to time, designate:
Provided always that in the case of paragraphs (b), (c), and (d), such debt securities or instruments shall be freely tradable securities.
(2) All bonuses, profits and other returns which accrue on investments made under subsection (1) shall form part of the Resolution Fund and may be re-invested in accordance with subsection (1).