FEDERAL CAPITAL TERRITORY APPROPRIATION (REPEAL AND ENACTMENT) ACT, 2020

Section 1: Issue of N199,240,531,350 from the Federal Capital Territory Administration Statutory Revenue Fund.

2020Section 1 of 7Federal Republic of Nigeria

1 The Director of Treasury of the Federal Capital Territory Administration shall, when authorized to do so by warrants signed by the Minister of the Federal Capital Territory Administration, pay, out of the Federal Capital Territory Administration Statutory Revenue Fund of the Federal Capital Territory Administration during the financial year 2020, the sum specified by the warrants, not exceeding in the aggregate N199,240,531,350 (one hundred and ninety-nine billion, two hundred and forty million, five hundred and thirty-one thousand, three hundred and fifty Naira) only.

2 The amount mentioned in subsection (1) shall be appropriated to the heads of expenditure as set out in the Schedule to this Act. [Schedule.]

Cite this section

Section 1, FEDERAL CAPITAL TERRITORY APPROPRIATION (REPEAL AND ENACTMENT) ACT, 2020 (2020).

https://repo.podus.ai/laws/federal-capital-territory-appropriation-repeal-and-enactment-act-2020/section/1/