NATIONAL ORIENTATION AGENCY ACT

Section 16: Fund of the Agency.

1993Section 16 of 26Federal Republic of Nigeria

(1) The Board shall establish and maintain a fund from which shall be defrayed all expenditure incurred by the Agency.
(2) There shall be paid and credited to the fund established pursuant to subsection (1) of this section-
(a) such sums as may, from time to time, be lent or granted to the Agency by the Government of the Federation, a State or local government for the running expenses of the Agency and all other assets from time to time accruing to the Agency in the cause of discharging its functions under or pursuant to this Act; and
(b) such sums as may be collected or received by the Agency from other sources, either in the execution of its functions or in respect of any property vested in the Agency or otherwise howsoever.

Cite this section

Section 16, NATIONAL ORIENTATION AGENCY ACT (1993).

https://repo.podus.ai/laws/national-orientation-agency-act/section/16/