NIGERIAN COMMUNICATIONS ACT

Section 18: Borrowing Powers, gifts, etc.

2003Section 18 of 158Federal Republic of Nigeria

(1) The Commission may, with the consent of or in accordance with the general authority given by the Minister of Finance, borrow such sums of money as the Commission may require in the exercise of its functions under this Act or its subsidiary legislation.
(2) The Commission may accept gifts or grants of money or aids or other property from national, bilateral and multi-lateral organisations and upon such terms and conditions, if any, as may be agreed upon between the donor and the Commission provided that such gifts are not inconsistent with the objectives and functions of the Commission under this Act.

Cite this section

Section 18, NIGERIAN COMMUNICATIONS ACT (2003).

https://repo.podus.ai/laws/nigerian-communications-act/section/18/