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National Archives / National Archives of Nigeria

Supplement to Official Gazette

LOCAL LOANS (REGISTERED STOCK AND SECURITIES) ACT (CAP. 111) Local Loans (Federal Republic of Nigeria Twentieth Development Loan 1998) Directions 1981 Commencement : 29thJtme 1981 WHEREAS by section 1 (1) of the Internal Loans (Rehabilitation, Reconstruction 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 expedient to raise a loan of one hundred million naira (hereafter called "the loan") by the creation…

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