Section 51: Functions of the Directorate of Corporate Governance.(as amened by Section 12 of the Financial Reporting Council of Nigeria (Amendment) Act, 2023.)

The Committee on Corporate Governance shall-(a) assess the need for corporate governance in the public and private sector;
(b) organize and promote workshops, seminars and training in corporate governance issues;
(c) issue the code of corporate governance and guidelines, and develop a mechanism for periodic assessment of the code and guidelines;
(d) provide assistance and guidance in respect of the adoption or institution of the code in order to fulfil its objectives; and
(e) establish links with regional and international institutions engaged in promoting corporate governance.