RIVER BASINS DEVELOPMENT AUTHORITIES ACT

Section 8: Fund of each Authority.

1986Section 8 of 13Federal Republic of Nigeria

(1) Each Authority shall maintain a fund from which shall be defrayed all expenditure incurred by the Authority.
(2) There shall be paid or credited to the fund-
(a) such sums of money as may be provided by the Federal Government or by the Government of any State in the Federation for the purposes of this Act either by way of loans or grants; and
(b) such other sums of money as may, from time to time, accrue to the Authority.

Cite this section

Section 8, RIVER BASINS DEVELOPMENT AUTHORITIES ACT (1986).

https://repo.podus.ai/laws/river-basins-development-authorities-act/section/8/