National Archives / National Archives of Nigeria

Supplement to Official Gazette

CENTRAL BANK OF NIGERIA (AMENDMENT) DECREE 1972 Decree No. 46 [14th December 1972) THE FEDERAL MILITARY GOVERNMENT hereby decrees as follows: 1. The Central Bank of Nigeria Act is hereby amended as follows, that is (a) in section 7 (1) (i) immediately after the word "Bank" where it first occurs there shall be inserted the following ", subject to the approval of the Commissioner for Finance," ; (ii) for the words "net profits" wherever they occur there shall be substituted the words "operating surplus" ; (b) section 7 (2) is hereby repealed; (c) in section 7 (3), for the words "net profits" the…