NATIONAL INSURANCE CORPORATION OF NIGERIA ACT

Section 17: Application of profits

1969Section 17 of 38Federal Republic of Nigeria

The profits of the Corporation in any financial year shall be applied in such manner as the Board may, with the approval of the Minister direct, and dividends on the shares of the Federal Government in the Corporation shall be paid into the Consolidated Revenue Fund.

Cite this section

Section 17, NATIONAL INSURANCE CORPORATION OF NIGERIA ACT (1969).

https://repo.podus.ai/laws/national-insurance-corporation-of-nigeria-act/section/17/