Section 24: Fund of the University.

(1) The University shall in line with extant financial regulations, establish and maintain a Fund (in this Act referred to as "the Fund"), which shall be applied for giving full effect to the provisions of this Act.
(2) There shall be paid and credited to the Fund established under subsection (1):
(a) such sums as may be provided by the Government of the Federation or the State for payment into the Fund;
(b) fees charged for services rendered by the University;
(c) money accruing from investments of the University;
(d) all sums accruing to the University by way of gifts, donations, testamentary dispositions, endowments or contributions from philanthropic persons or organisations for the general or special purposes of the University;
(e) all other money accruing to the University in the discharge of its objects under this Act; and
(f) grants-in-aid.