Article 78: Federal Consolidated Fund and Public Account

(1) All revenues received by the Federal Government, all loans raised by that Government, and all moneys received by it in repayment of any loan, shall form part of a consolidated fund, to be known as the Federal Consolidated Fund. (2) All other moneys– (a) received by or on behalf of the Federal Government; or (b) received by or deposited with [the Federal Constitutional Court,] Supreme Court or any other court established under the authority of the Federation; shall be credited to the Public Account of the Federation.

Effective date: 1973-08-14

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