Section 10: Share capital of the Corporation, etc.

(1) The authorised capital of the Corporation shall be ten million naira divided into 10,000 shares of N1,000 each, out of which there shall be issued such proportion as may be resolved by the Board and approved by the Minister and all the issued share capital shall be subscribed by and paid up at par by the Federal Government upon the establishment of the Corporation.
(2) Any further portion of the authorised capital of the Corporation may be called up and the Board may, with the approval of the Minister, from time to time resolve and the Federal Government shall subscribe and pay up the amount so called up.
(3) The Minister may, from time to time, with the approval of the President, increase the share capital of the Corporation, by order published in the Federal Gazette and, as soon as may be after any such increase, the Board may make calls for the additional shares on such terms and conditions as the Board may determine.