Section 17: Establishment of the National Pension Commission

(1)
There is established the National Pension Commission (in this Act referred to as "the Commission").
(2)
The Commission-
(a)
shall be a body corporate with perpetual succession and a common seal ; and
(b)
may sue or be sued in its corporate name.
(3)
The Commission may acquire, hold or dispose of any moveable or immoveable property for the purpose of its functions under this Act.
(4)
The Commission shall have its Head Office in the capital of the Federal Republic of Nigeria and may open Offices and Branches in any part of Nigeria as may be approved by the Board.
(5)
The Commission shall report directly to the President of the Federal Republic of Nigeria.