Section 2: Establishment of the Governing Board.

(1) There is hereby established a Governing Board of the Nigerian National Merit Award (in this Act referred to as "the Board") which shall be a body corporate with perpetual succession and a common seal and may sue and be sued in its corporate name.
(2) The Board shall consist of a chairman and not less than four or more than seven other members who shall be citizens of Nigeria to be appointed by the President and one of whom shall be the Secretary to the Government of the Federation or his representative.
(3) The persons appointed to be members of the Board shall be persons appearing to the President to be suitably qualified by reason of their professional,academic or administrative qualifications or by their attainments in any field of human endeavour.
(4) Subject to subsection (5) of this section, a person appointed as a member of the Board shall hold office for three years and shall be eligible for re-appointment for one further period of three years
(5) The President may terminate the appointment of a member of the Board on grounds of misbehavior or inability to discharge the duties of his office by reason of physical or mental incapacity.