Section 8: Power to receive grants, loans and advances.
Notwithstanding the provisions of section 10 of this Act, the Bank shall have power to receive grants, loans and advances and other moneys on deposit from the Federal Government, the Central Bank of Nigeria or the public financial institutions in general under such conditions as may be approved by the Federal Government.
Cite this section
Section 8, PEOPLE'S BANK OF NIGERIA ACT (1990).
https://repo.podus.ai/laws/people-s-bank-of-nigeria-act/section/8/