Section 12: Powers of the Board of Trustee.

(1) The Board of Trustee has powers to-
(a) award contracts of any kind or description for any amount, whether in local or foreign currency in conformity with the due process requirements as provided under any law, rule, guideline or regulation; and
(b) invest money accruing to the Trust Fund and approve the utilisation of the returns on investment in the same way as money accruing to the Trust Fund.
(2) In the discharge of its duty under this Act, the Board of Trustee shall-
(a) through the Ministry, identify the funding needs of the various police institutions for the enhancement of the performance of the Nigeria Police Force;
(b) enter into contractual arrangements for the purpose of executing approved projects on behalf of the Trust Fund;
(c) oversee the implementation of projects financed through money accruing to the Trust Fund; and
(d) enter into public-private partnership and private finance initiative arrangements and agreements necessary for the projects execution.