Section 1: Establishment of the Nigerian Tourism Development Corporation

(1) There is hereby established, a Corporation to be known as the Nigerian Tourism Development Corporation (in this Act referred to as "the Corporation")
(2) The Corporation shall be a body corporate with perpetual succession and a common seal and may sue and be sued in its corporate name.
(3) The supplementary provisions contained in the First Schedule to this Act shall, where applicable have effect with respect to the proceedings of the Corporation and the other matters mentioned therein.