Section 10: Investment of the Fund of the Council.

(1) The Council may invest any or all money in its Fund, not immediately required for its current expenditure in -
(a) securities created, issued by or on behalf of the Federal Government, as may be approved by the Council;
(b) the purchase or improvement of any land in any part of the Federation; or
(c) any venture in Nigeria as may be approved by the Minister, including investment in stocks quoted at the Nigerian Stock Exchange.
(2) In the exercise of its power of investment under subsection (1), the Council may, vary any investments and may deposit any money not invested with any bank approved by the Council in line with government regulations.