Section 5: Powers of the Council

Without prejudice to the generality of the provisions of section 4 of this Act, the Council shall have power-(a) to create lectureships and other posts and offices and to make appointments thereto;
(b) to appoint such administrative and other members of the staff of the Institute as may appear necessary or expedient;
(c) to exercise disciplinary control over members of the staff of the Institute;
(d) to prescribe the terms and conditions of service including salaries, allowances, pensions and other remunerations, for all members of the staff of the Institute after consultation with the appropriate department in the Federal Civil Service Commission;
(e) to encourage and make provisions for research in the Institute;
(f) to erect, provide, equip and maintain libraries, lecture halls, halls of residence, refectories, sports grounds, playing fields and such other buildings or things as may be necessary, suitable or required;
(g) to enter into such contracts as may be necessary or expedient for carrying into effect the provisions of this Act;
(h) to acquire and hold such movable or immovable property as may be necessary or expedient for carrying into effect the provisions of this Act and for the same purpose may sell, lease, mortgage or otherwise alienate or dispose of any property acquired, provided the Minister so consents; and
(i) to do anything which in its opinion is calculated to facilitate the carrying out of the objects of the Institute and to promote its best interest.