Section 23: Repeal, savings and transitional provisions.

(1) The Nigerian Council for Management Development Act, Cap. N99, Laws of the Federation of Nigeria 2004 is repealed.
(2) The National Centre for Economic Management and Administration Act, Cap. N14, Laws of the Federation of Nigeria, 2004 is repealed.
(3) Cap. 123, LFN, 2004.
Without prejudice to section 6 of the Interpretation Act, the repealed Acts referred to in subsections (1) and (2) shall not affect anything done under or pursuant to the repealed Acts.
(4) Cap. N14, LFN, 2004.
The National Centre for Economic Management and Administration established under the National Centre for Economic Management and Administration Act is dissolved.
(5) The statutory functions, rights, interests, obligations and liabilities of the defunct National Centre for Economic Management and Administration shall by virtue of this Act be assigned to and vested in the Nigerian Council for Management Development established under this Act.
(6) The Council shall be subject to all the obligations and liabilities to which the defunct National Centre for Economic Management and Administration was subject and all other persons shall have the same rights, powers and remedies against the Council as they had against the defunct National Centre for Economic Management and Administration before the commencement of this Act.
(7) Any proceeding or cause of action pending or existing immediately before the commencement of this Act by or against the defunct National Centre for Economic Management and Administration in respect of any right, interest, obligation or liability may be continued or commenced and any determination of a court of law, tribunal or other authority or person may be enforced by or against the Council.
(8) All assets, funds, resources, movable or immovable property which immediately before the commencement of this Act were vested in the defunct National Centre for Economic Management and Administration shall by virtue of this Act be vested in the Council.
(9) Any person immediately before the commencement of this Act being a holder of an office in the defunct National Centre for Economic Management and Administration shall on the commencement of this Act be deemed to have been appointed to his office by the Council.