Section 70: Payments out of the Confiscated and Forfeited Properties Account.

The President may, subject to the approval by Federal Executive Council authorise the expenditure for money in the Confiscated and Forfeited Properties Account to be used to—
a permit the relevant organisation to invest in various government portfolios to ensure that the funds can accrue interest that would be applied for the implementation of development projects as approved by the Federal Executive Council (FEC) or the National Assembly;
b compensate any State which has suffered grave pecuniary loss on account of the offence or conduct that gave rise to the confiscation or forfeiture order;
c compensate any person who has suffered grave pecuniary loss on account of the offence or conduct that gave rise to the confiscation or forfeiture order;
d pay any foreign country or an agency under the provisions of any treaty agreement or scheme for mutual legal assistance;
e make payments under any programme approved by the President;
f make any payment necessary to satisfy Nigeria’s obligations in respect of a registered foreign forfeiture order;
g make such other payments, on behalf of the Federal Government, directed to be made under any relevant law; and
h pay, with the approval of the National Assembly, two percent allocation to the relevant organisation for the recoveries made by the relevant organisation in any given year.