Section 5: Establishment, composition, tenure and powers of the Council.

1 There is established for the University a Governing Council (in this Act referred to as "the Council").

2 The Council shall consist of-
a the Pro-Chancellor who is appointed by the President on the recommendation of the Minister;
b the Vice-Chancellor;
c the Deputy Vice-Chancellors;
d one person from the Federal Ministry responsible for education;
e four persons representing. a variety of interests and broadly representative of the whole Federation;
f four persons appointed by the Senate from among its members;
g two persons appointed by Congregation from among its members; and
h one person appointed by Convocation from among its members.

3 Persons to be appointed to the Council shall be of proven integrity, knowledgeable and familiar with the affairs and tradition of the University.

4 The Council shall have a tenure of four years from the date of its inauguration but where the Council is found to be incompetent and corrupt, it shall be dissolved by the Visitor and a new Council shall immediately be constituted for the effective functioning of the University.

5 The powers of the Council shall be exercised, as specified in this Act and, to that extent, establishment circulars that are inconsistent with this Act shall not apply to the University.

6 The Council shall be free in the performance of its functions and discharge of its responsibilities for the good management, growth and development of the University.

7 The Council, in the performance of its functions, shall ensure that disbursement of funds of the University comply with the approved budgetary ratio for-
a personnel cost;
b overhead cost;
c research and development;
d library developments; and
e the balance in expenditure between academic and non-academic activities.