Section 2: Governing Council of the Commission

(1) There shall be for the Commission, a Governing Council (in this Act referred to as "the Council"), which shall be responsible for the discharge of the functions of the Commission.
(2) The Council shall consist of-
(a) a chairman;
(b) a representative each of the following Federal Ministries, who shall not be below the rank of a Permanent Secretary-
(i) Industry;
(ii) Commerce;
(iii) Internal Affairs;
(iv) Finance;
(v) Foreign Affairs;
(vi) Culture and Tourism;
(vii) Petroleum Resources;
[1998 No. 32.]
(c) a representative of the National Planning Commission, who shall not be below the rank of a Permanent Secretary;
(d) the Governor, Central Bank of Nigeria;
(e) six other persons from the private sector organisations to be appointed by the
President, on the recommendation of the Minister;
(f) the secretary of the Commission, who shall also be the secretary to the Council.
(3) The chairman shall be appointed by the President.
(4) The supplementary provisions set out in the Schedule to this Act shall have effect with respect to the proceedings of the Council and the other matters contained therein.