Section 8: Executive Director of the Agency

(1) There shall be appointed by the President, on the recommendation of the Minister, an Executive Director for the Agency who shall have appropriate qualification and experience.
(2) The Executive Director shall be the chief executive and accounting officer of the Agency and shall be responsible to the Minister for the day-to-day management and operation of the Fund .
(3) The Executive Director shall hold office on such terms and conditions as may be specified in his letter of appointment and on such other terms as may be determined from time to time by the President on the recommendation of the Minister.
(4) Without prejudice to the generality of his functions specified under subsection (2) of this section, the Executive Director shall be responsible for-
(a) accounting for all moneys collected, paid or otherwise expended under this Act;
(b) the payment of all disbursements and expenses authorised by the Council under this Act;
(c) the carrying out of such other functions as may be assigned to him from time to time by the Council.
(5) The Agency may appoint such other employees as it may require to assist the Executive Director in the exercise of his functions under this Act.
(6) Employees of the Agency shall be public officers in the service of the government of the Federation within the meaning of the Constitution of the Federal Republic of Nigeria 1999.
[Cap. C23.]
(7) The remuneration and terms of office of the other employees of the Agency shall be determined by the Agency after consultation with the Minister.