NATIONAL ECONOMIC RECONSTRUCTION FUND ACT

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LAWS OF THE FEDERATION OF NIGERIA  

NATIONAL ECONOMIC RECONSTRUCTION FUND ACT

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ARRANGEMENT OF SECTIONS

1. Establishment, aims and objectives of the National Economic Reconstruction Fund.
2. Eligibility.
3. Establishment and composition of the National Economic Reconstruction Committee, etc.
4. Establishment of a monitoring office, etc.
5. Functions and obligations of participating banks.
6. Functions of the Fund.
7. Interest rates.
8. Funding sources.
9. Audit.
10. Reports.
11. Proceedings of the Committee.
12. Interpretation.
13. Short title.

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NATIONAL ECONOMIC RECONSTRUCTION FUND ACT

An Act to establish the National Economic Reconstruction Fund, to correct, inadequacies in the provision of medium to long-term financing to small and medium-scale industrial enterprises, provide medium and long-term credit to commercial banks for on-lending and for matters connected therewith.

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[Commencement.] [9th January, 1989]    

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1. Establishment, aims and objectives of the National Economic Reconstruction Fund

(1)      There is hereby established a fund to be known

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ALPHABETICAL INDEX TO THE LAWS OF NIGERIA (UPDATED TO 2018)