Section 24: Power to borrow money
The Corporation may with the consent of or in accordance with any general authority given by the Minister borrow by way of loan, overdraft or otherwise such sums as it may require for meeting its obligations and discharging its functions under this Act, and the moneys aforesaid may be borrowed from the Government or from such other person and upon such terms and conditions as may be approved by the Minister.
Cite this section
Section 24, NIGERIAN COAL CORPORATION ACT (1950).
https://repo.podus.ai/laws/nigerian-coal-corporation-act/section/24/