Section 2: Objectives of the Endowment

The objectives of the Endowment shall be-(a) to support every medium and area of creative activity in the field of art as a service to the Nigerian community;
(b) to support the exchange of knowledge and practice in the arts;
(c) to preserve Nigeria's rich cultural heritage for present and future generations of Nigerians;
(d) to foster understanding amongst cultural organisations in order to strengthen cultural ties amongst them;
(e) to support creativity among talented artists in Nigeria in order to ascertain and pick, for the development of cultural activities, the best talents among Nigerians; and
(f) to foster professional excellence in the arts and create a climate in which it might flourish and be enjoyed by the generality of Nigerians.