Section 10: Annual estimates accounts and audit.

(1) The Corporation shall submit to the Minister not later than 31st December in each financial year (or such other date as the Minister may appoint in respect of the first year of the existence of the Corporation) an estimate of its expenditure and income during the next succeeding financial year.
(2) The Corporation shall keep proper accounts and proper records in relation thereto and shall prepare in respect of each financial year a statement of acounts in such form as the Minister may direct.
(3)
The accounts of the Corporation shall be audited as soon as may be after the end of each financial year by auditors appointed by the Corporation, with the approval of the President, from the list and in accordance with the guidelines supplied by the Auditor-General of the Federation and the fees of the auditors and the expenses of the audit generally shall be paid from the funds of the Corporation.
(4)
Before appointing any auditor pursuant to subsection (3) of this section, the Corporation shall consult the Minister of Finance.