Section 16: Capital.

(1) The authorised capital of the Corporation shall be N50,000,000,000.
(2) On a resolution of the Board, there shall be paid up such amount as shall be subscribed by and paid-up at par in a proportion of 60% and 40% by the Central Bank of Nigeria and the Federal Ministry responsible for finance, respectively.
(3) Notwithstanding the provision of subsection (1), the authorised capital of the Corporation may be increased by such amount as the Board may by resolution determine.