SECOND-TIER FOREIGN EXCHANGE MARKET ACT

Section 8: Supervision and monitoring of the Market.

1986Section 8 of 24Federal Republic of Nigeria

(1) The Central Bank shall supervise and monitor the operation of the Market established by this Act to ensure an efficient performance of the Market.
(2) The Minister shall have overall control of the system and shall issue such direction not inconsistent with this Act as to him may seem appropriate for the efficient operation of the Market established by this Act.

Cite this section

Section 8, SECOND-TIER FOREIGN EXCHANGE MARKET ACT (1986).

https://repo.podus.ai/laws/second-tier-foreign-exchange-market-act/section/8/