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National Fertilizer Board Act

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An Act to establish the National Fertilizer Board as a body corporate to be charged

with responsibility for purchasing and distributing fertilizer to State Govern-

ments, at such subsidised prices as may be determined by the Federal Govern-

ment.

[1977 No. 8.]

[21 st January, 1977]

[Commencement.]

ment.

1. Establishment of the National Fertilizer Board

(1) There is hereby established a Board to be known as the National Fertilizer Board

(in this Act referred to as “the Board”).

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

seal.

(3) The Board shall have power to sue and be sued in its own name and for the pur-

pose of its functions, acquire, hold or dispose of property (whether movable or immov-

able).

Functions of the Board and directions by the Minister

(1) The functions of the Board shall be-
(a) to undertake the bulk purchase of fertilizer, for distribution to State Govern-

ments at such subsidised prices as may be determined, from time to time, by

the Federal Government;

(b) to transport such fertilizer to central warehouses in the States as may be mutu-

ally agreed to between the Board and the State Governments concerned;

(c) with the approval of the President, to fix, from time to time, the retail price at

which fertilizer is to be sold by State Governments to farmers or other con-

sumers; and

(d) to carry out such other activities as are necessary or expedient for the full dis-

charge of the functions conferred on it under or pursuant to this Act.

(2) Notwithstanding subsection (1) (a) of this section, any contract for the purchase

of fertilizer of a value of not less than N1 million, shall be referred to the President for

approval through the Minister before any award of such contract is made.

(3) The Minister may give to the Board directions of a general character or relating

generally to particular matters, with regard to the exercise by the Board of its functions

under this Act, and it shall be the duty of the Board to comply with such directions.

Membership

The Board shall consist of the following members-

(a) a chairman, to be appointed by the President;
(b) the Permanent Secretary, Federal Ministry of Agriculture and Rural Develop-

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