Section 1: Establishment of the Federal Airports Authority of Nigeria.

(1) There is established the Federal Airports Authority of Nigeria (in this Act referred to as “the Authority”).
(2) The Authority -
(a) shall be a body corporate with perpetual succession and common seal;
(b) may sue and be sued in its corporate name; and
(c) shall acquire, hold or dispose of property (whether movable or immovable).
(3) The Authority shall manage the airports listed in the First Schedule to this Act and any other airport that may be assigned to it by the Minister. [First Schedule]