Section 21: Investment of the Fund of the Institute.

(1) The Institute may invest any or all money in its Fund, not immediately required for its current expenditure, in-
(a) any security created or issued by or on behalf of the Federal Government, as may be approved by the Board;
(b) the purchase or improvement of any land in any part of the Federation; or
(c) any venture in Nigeria as may be approved by the Minister, including investment in stocks quoted at the Nigerian Stock Exchange.
(2) In the exercise of its powers of investment of its Fund under subsection (1), the Institute may vary such investments in line with extant government regulations.