NATIONAL TEACHERS' INSTITUTE ACT

Section 10: Financial provisions.

1978Section 10 of 18Federal Republic of Nigeria

(1) The Council shall submit to the Minister not later than three months before the end of the financial year an estimate of its revenue and expenditure for the next succeeding financial year.
(2) The Council shall establish and maintain a fund from which there shall be defrayed all expenditure incurred by the Council.
(3) There shall be paid and credited to the fund established under subsection (2) of this section
(a) such sums as may, from time to time, be granted to the Council by the Federal Government;
(b) all moneys raised for the purposes of the Council by way of gifts, grants-in-aid, testamentary dispositions and sales of publications; and
(c) all subscriptions, fees and charges for services rendered by the Council and all other sums that may accrue to the Council from any source.

Cite this section

Section 10, NATIONAL TEACHERS' INSTITUTE ACT (1978).

https://repo.podus.ai/laws/national-teachers-institute-act/section/10/