National Archives / National Archives of Nigeria
Supplement to Official Gazette
S.I. 17 of 1981 LOCAL LOANS (REGISTERED STOCK .-\NO SECURITIES) ACT (CAP. 111) Local Loans (Federal Republic of Nigeria Twentieth Development Loan 1988) Directions 1981 Commencement : 29th June 1981 WHEREAS by section 1 (1) of the Internal Loans (Rehabilitation, Reconstruc tion and Development) Act 1972 the Federal Minister of Finance is empowered in any manner authorised by the Local Loans (Registered Stock and Securities) Act or the Government Promissory Notes Act 1960 to raise loans in Nigeria, and it is deemed experlient to raise a loan of fifty million naira (hereafter called "the loan") …
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