Section 5: Tenure of office

(1) All Board Members, after the coming into force of this Act, shall be appointed by the President, in accordance with this Act, from the six geopolitical zones of Nigeria subject to confirmation by the Senate.
(2) The Chairman and all Commissioners, except the Chief Executive and the Executive Commissioners, shall hold office on part-time basis.
(3) Each Commissioner shall serve for a term of four years from the date of appointment at the expiration of which the President may renew his term for a further term of four years and no more.