Section 6: Repayment of sums paid under guarantee

Any sum paid out of the Consolidated Fund of the United Kingdom on account of any guarantee given in respect of any sum borrowed under the powers conferred by subsection (1) of section 3, shall be repaid in such manner and over such period as may be appointed by Her Majesty's Treasury in the United Kingdom after consultation with the President, together with interest at such rate as may be fixed by Her Majesty's Treasury in the United Kingdom after such consultation, and shall be a charge jointly and severally on the general revenues and assets of the Federation and of the Nigerian Railway Corporation.