GOVERNMENT PROMISSORY NOTES ACT
Section 8: Appropriation of revenue for payment of principal sum and interest.
So long as any principal sum or interest is payable under this Act in respect of any Government promissory notes, the Minister shall appropriate out of the general revenue and assets of Nigeria a sum sufficient to meet all principal sums and interest so payable, and the Central Bank shall thereupon pay such principal sum or interest out of the sum so appropriated.
Cite this section
Section 8, GOVERNMENT PROMISSORY NOTES ACT (1960).
https://repo.podus.ai/laws/government-promissory-notes-act/section/8/