Section 1: Establishment of the Nigerian Institute of International Affairs

(1) There is established the Nigerian Institute of International Affairs (in this Act referred to as "the Institute") which shall have the functions assigned to it by this
(2) The Institute shall be a —
(a) body corporate with perpetual succession and a common seal, and
(b) center of excellence for the scientific study of international affairs.
(3) The governance of the Institute and the management of its affairs shall vest in the Council of the Institute (in this Act referred to as "the Council").
(4) The provisions of the First Schedule to this Act relating to the —
[First schedule]
(a) membership, powers and the proceedings of the Council,
(b) committees of the Council, and
(c) other matters mentioned in it, shall have effect as prescribed in it.
(5) The Institute shall be exempted from stamp duties.