Price Control Act

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Arrangement of Sections

An Act to re-enact the Price Control Act, prescribe stiffer penalties and to make

better provisions for the implementation of the scheme.

[1977 No. 1.]

[1 st January, 1977]

[Commencement.]

Constitution, etc., of Price Control Board and Committees

Price Control Board

(1) There shall continue to be a Price Control Board, which shall consist of-

(a) the Permanent Secretary, Federal Ministry of Commerce who shall be chair-

man and Chief Price Controller;

(b) a representative of the Federal Ministry of Industry;

Commission;

(d) the Chief Statistician of the Federation;

(e) six representatives of the States as nominated by the Governor of the State

concerned and appointed by the Minister for two years, so however that each

State is sometime represented on the Board and that no two of them shall come

from the same State;

( f ) one representative of consumers’ associations in Nigeria; and

(g) two representatives from outside the civil services of the Federation or of the

States.

(2) The members of the Board under paragraphs ( f ) and (g) of subsection (1) of this

section shall be appointed by the Minister with the approval of the President and shall

hold office on such terms and on such conditions as the Minister may with the like ap-

proval determine.

(3) There shall be an Executive Secretary to the Board who shall be a public officer

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