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Lagos International Trade Fair Complex Management Board Act

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Arrangement of Sections

1. Vesting and validation of title to land

2. Establishment of the Lagos International Trade Fair Complex Management Board

3. Membership of the Board

An Act to establish the Lagos International Trade Fair Complex Management

Board with responsibility, among other things, to manage, maintain and develop

the Complex.

[1993 No. 64.]

[7th November, 1977]

[Commencement.]

Establishment of the Lagos International Trade Fair Complex

Management Board, etc.

1. Vesting and validation of title to land

(I) The title to all that parcel ofland, buildings, monuments and structures situated in

Lagos State and known as the Lagos International Trade Fair Complex, more clearly described in the First Schedule to this Act, is by virtue of this Act and without further assurance, vested in the Federal Government of Nigeria.

[First Schedule.]

(2) The title to the land so vested by subsection (I) of this section is hereby validated.

Establishment of the Lagos International Trade Fair Complex Management Board

2. Establishment of the Lagos International Trade Fair Complex Management

Board

(l) There is hereby established a body to be known as the Lagos International Trade

Fair Complex Management Board (in this Act referred to as “the Board”) which shall

have the functions conferred on it pursuant to this Act.

(2) The Board shall be a body corporate with perpetual succession and a common

seal and may sue or be sued in its corporate name.

3. Membership of the Board

(I) The Board shall consist of a chairman and representative each of the following,

that is-

(a) the Federal Ministry of Commerce;
(b) the Nigerian Institute of Estate Surveyors and Valuers;
(c) the Nigerian Export Promotion Council;
(d) the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture;
(e) the Manufacturers Association of Nigeria; and
(j) the executive director of the Lagos International Trade Fair Complex.
(2) The chairman of the Board shall be appointed by the President, on the recommendation of the Minister and shall be a person of proven integrity coupled with experience in matters relating to commerce and tourism.
(3) The provisions of the Second Schedule to this Act shall have effect with respect

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