Section 2: Establishment and Membership of the Governing Board.

(1) There is established for the Agency a Governing Board consisting of a Chairman and six other part-time Members to be appointed by the President.
(2) The appointment of the seven part-time members shall be made from the 6 geo-political zones.
(3) the following are ex-officio members of the Board-
(a) (i) the Federal Ministry of Industry;
(ii) the Federal Ministry of Science and Technology;
(iii) the National Planning Commission;
(iv) the Agriculture or Industrial Research Institutes;
(v) the Indigenous Fabricators and Manufacturers of Machinery;
(vi) the Federal Ministry of Finance;
(vii) the Development Banks for Small and Medium Scale Industries;
(viii) the Bank of Industry;
(ix) the Manufacturers' Association of Nigeria; and
(x) the National Association of Small Scale Industries (NASSI)
(b) the Director-General of the Agency.
(4) There shall be a secretary to the Board who shall be appointed by the Board.