Section 12 Nigerian Investment Promotion Commission Act

Section 12 Nigerian Investment Promotion Commission Act is about Fund of the Commission. It provides as follows:

(1) The Commission shall establish and maintain a fund which shall be applied towards the discharge of its functions under this Act.

(2) There shall be paid and credited to the fund established pursuant to subsection (1) of this section

(a) such sums as may be provided by the Government of the Federation for the Commission;

(b) any fees charged for services rendered by the Commission; and

(c) all other sums accruing to the Commission by way of gifts, testamentary depositions, endowments and contributions from philanthropic persons and organisations or otherwise howsoever.

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