Section 4: Functions of the Board.

The functions of the Board shall be-(a) to manage, maintain and develop the Lagos International Trade Fair Complex (in this Act referred to as "the Complex") as a national asset with commercial orientations for purposes of greater proficiency;
(b) to develop additional infrastructures and facilities which would enhance the economic, commercial and tourism potentials of the Complex;
(c) to liaise with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and other organisers of trade fairs and exhibitions on the organisation of and participation in trade fairs and other exhibitions;
(d) to provide adequate and standard facilities for the hosting of trade fairs and exhibitions, seminars, conferences and meetings;
(e) to attract conferences, seminars and other socio-cultural and recreational activities to the Complex;
(f) to establish and manage a national permanent exhibition pavilion;
(g) to publish a national index on trade fairs and exhibitions;
(h) to establish and manage the International Shopping Complex set up within the Complex;
(i) to carry on the business of real estate management within the Complex;
(j) to invest in bonds and securities; and
(k) to carry out such other activities which are necessary and expedient for the discharge of all or any of the functions conferred on it pursuant to this Act.