Section 7: Recovery of Investment, etc.

(1) Any project proponent or contractor who enters into any contract for financing, construction, operation or maintenance may, subject to the provision of the concession contract, recover his investments.
(2) Notwithstanding Subsection (1) of this section, the project proponent or contractor shall-
(a) undertake appropriate insurance policy on the concession with an insurance
Company approved by the National insurance Commission; and
(b) undertake the maintenance and repairs of the infrastructure or facility during
the subsistence of the contract.
(3) Subject to subsection (4) of this section, the amount expended by any project proponent or contractor who enters into any contract for financing, construction, operation or maintenance under any concession under this Act may be repaid by the relevant Ministry, Agency, Corporation, or body to such proponent or contractor, by way of amortisation payments,
(4) Any contractor whom any concession has been granted under this Act shall make payment to the Federal Government, of such sum and at such intervals, from the proceeds realised from the implementation of the concession as may be provided in the concession contract or agreement.