Section 2: Power to give security, etc.

(1) The Corporation may, for the purposes of receiving any loan for carrying out the purposes of a project, pledge any of the money, revenue, assets of the Corporation and may create escrow accounts outside Nigeria from which shall be repaid any capital and interest on any amount of money received by the Corporation for the purposes of giving effect to the project.
(2) Notwithstanding anything to the contrary contained in any other law or enactment, any obligation imposed on the Corporation, or on the receipt of any money for a project or in the exercise of the powers conferred on it by this Act shall be enforceable by ordinary legal process, execution, attachment or any other process in the nature of an attachment.
(3) The provision of subsection (1) of this section shall only apply to accounts and assets set aside by the Corporation for a project and shall not apply to any other account or asset of the Corporation.