Section 8: Appointment of the Executive Secretary and other staff of the Fund.

(1) There shall be for the Fund an Executive Secretary who shall-
(a) be appointed by the President on the recommendation of the Minister;
(b) be the Chief Executive and Accounting Officer of the Fund ;
(c) be a person with good knowledge and cognate academic and administrative experience in tertiary education.
(d) have qualifications and experience as are appropriate for a person required to perform the functions of that office under this Act; and
(e) hold office for a period of 5 years in the first instance and may be eligible for re-appointment for a further term of 4 years only and on such terms and conditions as to emoluments, and conditions of service as may be specified in his letter of appointment;
(2) The Executive Secretary shall, subject to the general direction of the Board of Trustees, be responsible for-
(a) the day- to- day administration of the Fund
(b) keeping the books and proper records of the proceedings of the Board of Trustees;
(c) the administration of the secretariat of the Board of Trustees ; and
(d) the general direction and control of all other employees of the Fund.
(3) The Board of Trustees shall have power to-
(a) employ either directly or on transfer or secondment from any civil or public service in the Federation such number of employees as may, in the opinion of the Board, be required to assist the Board of Trustees and the Executive Secretary in the discharge of their functions under this Act; and
(b) pay to persons so employed such remuneration (including allowances) as the Board of Trustees may, with the approval of the National Salaries, Incomes and Wages Commission, determine.