Section 3: Establishment and membership of the Governing Board, etc.

(1) There shall be for the Authority a governing board (in this Act referred to as "the Board") which shall consist of the following members, that is:
(a) a Chairman, who shall be appointed by the President, being a person who by reason of his ability, experience or specialized knowledge of export and investment promotion, commercial or economic matters is capable of making outstanding contributions to the functions of the authority:
(b) one representative each of the following Ministries, that is
i. Finance,
ii. Commerce and Tourism,
iii. Industries,
iv. Petroleum resources,
v. Justice
(c) The Managing Director of the Nigerian Ports PLC or his representative not below the rank of a Director in the civil service of the Federation;
(d) the Controller - General of Customs or his representative;
(e) One representative each of the following bodies, that is -
i. the Nigerian Chamber of Commerce, Industries and Mine and Agriculture
ii. the Corporate Affairs Commission,
iii. the Manufacturers Association of Nigeria,
iv. the Rivers State Government;
(f) two eminent and knowledgeable Nigerians who shall not be employed in the public services and shall be persons with vast practical experience in the field of industry, commerce, finance, export promotion and such other related fields to be appointed by the Minister; and
(g) the Managing Director of the Authority.
(2) A member of the Board other than ex-officio member shall hold office for a period of three years from the date of his appointment as a member and shall be eligible for re-appointment for one further period of two years and no more.
(3) Notwithstanding subsection (2) of this section, the Head of State Commander in Chief of the Armed forces may, on the recommendation of the Minister, require any member of the Board to vacate his office if he is satisfied that it is not in the interest of the public that the member should continue in office.
(4) A member of the Board other than an ex-officio member may, by notice in writing addressed to the Board, resign his appointment.
(5) The supplementary provisions contained in the Schedule to this Act shall have effect with respect to the proceedings of the Board and other matters relating to the Board.