Section 25: Loan receipts to form part of the Consolidated Revenue Fund of the Federation.

(1) Monies received in respect of any loan contracted by the Federal Government shall be-
(a) paid into and form part of the Consolidated Revenue Fund of the Federal Government;
(b) paid into any other public fund of the Federal Government either existing at the time or created for the purpose of the loan; and
(c) applied solely for the purpose for which it was obtained and in accordance with the terms and conditions of the agreement under which it was obtained.
(2) Monies received in respect of any guaranteed loan on behalf of a State Government shall be-
(a) paid into and form part of the Consolidated Revenue Fund of the State;
(b) paid into any other public fund of the State either existing at the time or created for the purpose of the loan; and
(c) applied solely for the purpose for which it was obtained and in accordance with the terms and conditions of the agreement under which it was obtained.
(3) Where any amount has been paid out of the monies credited to the Consolidated Revenue Fund of the Federation or of a State or other public funds under subsection (1) or (2) of this section, the amount shall be, deemed to be a charge on the Consolidated Revenue Fund of the Federation or, of a State as the case may be, or such outer public funds into which the monies have been paid