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Laws of the Federation Preview 40 min read

South-East Development Commission (Establishment) Act, 2024

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(2024)

SECTION 1

(1) There is established the South-East Development Commission (in this Act referred to as “the Commission”).
(2) The Commission shall be a body corporate with perpetual succession and a common seal and may sue or be sued in its corporate name.

Establishment of South-East Development Commission.

SECTION 2

(1) There is established for the Commission, a the Governing Board (in this Act referred to as “the Board”) which shall consist of-
(a) Chairman;
(b) one person each who shall be an indigene to represent the following member states- (i) Abia, (ii) Anambra, (iii) Ebonyi, (iv) Enugu, and (v) Imo;
(c) one person each to represent each of the six geopolitical zones of the country;
(d) one person to represent the Federal Ministry of Finance;
(e) one person to represent the Federal Ministry of Environment;
(f) one person to represent the Federal Ministry of Budget and Planning;
(g) the Managing Director of the Commission; and
(h) three executive directors of the Commission- (i) Finance and Administration, (ii) Project, and (iii) Corporate Services.
(2) The Chairman, Managing Director, three executive directors and other members of the Board shall-
(a) be appointed by the President, subject to the confirmation of the Senate; and
(b) be persons of proven integrity and ability.
(3) The members of the Board referred to in subsection (1)(a) and (b) shall be part-time members.
(4) The supplementary provisions set out in the Schedule to this Act shall have effect with respect to the proceedings of the Board and the other matters contained therein. [Schedule]

Establishment of the Governing Board.

SECTION 3

The Commission shall have its head office in Enugu, Enugu State and shall establish an office in each member state of the Commission.

Head office.

SECTION 4

Subject to the provisions of section 4 of this Act, a member of the Board, other than an ex-officio member, shall hold office for a term of four years at the first instance and may be re-appointed for a further term of four years and no more.

Tenure of office.

SECTION 5

The office of the Chairman shall rotate amongst the member states of the Commission in the following alphabetical order-

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