CENTER FOR LAWS OF NIGERIA: FEDERAL REGULATIONS
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SOUTH-WEST DEVELOPMENT COMMISSION ACT
LAWS OF THE FEDERATION OF NIGERIA
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EXPLANATORY MEMORANDUM
This Act establishes the South-West Development Commission, to, among other things, receive and manage funds from allocation of the Federation Account to fast-track the socio-economic development of the zone and speed up development as well as tackle the ecological problems and any other related environmental or developmental challenges in the South-West zone.
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ARRANGEMENT OF SECTIONS
PART 1 – ESTABLISHMENT OF THE SOUTH-WEST DEVELOPMENT COMMISSION AND THE GOVERNING BOARD
1. Establishment of the South-West Development Commission
2. Establishment of the Governing Board
3. Tenure of office
4. Rotation of office of Chairman and Managing Director
5. Resignation, cessation or removal from membership of the Board
6. Remunerations and allowances
PART II – FUNCTIONS AND POWERS OF THE COMMISSION
7. Functions and powers of the Commission
8. Powers of the Board
PART III – STRUCTURE OF THE COMMISSION
9. Structure of the Commission
10. Management Committee
11. Advisory Committee of the Commission
PART IV – STAFF OF THE COMMISSION
12. Staff of the Commission
13. Service in the Commission to be pensionable
PART V – FINANCIAL PROVISIONS
14. Fund of the Commission
15. Application of the Fund of the Commission
16. Annual estimates and expenditure
17. Submission of report
PART VI—MISCELLANEOUS PROVISIONS
18. Monitoring Committee
19. Office and premises of the Commission
20. President’s directives
21. Limitation of Suits against the Commission
22. Service of notices, summons and other documents
23. Payment of judgment debts
24. Indemnity of officers
25. Regulations
26. Interpretation
27. Citation
Schedule
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SOUTH-WEST DEVELOPMENT COMMISSION (ESTABLISHMENT) ACT) 2025
An Act to establish the South-West Development Commission charged with the responsibility, to, among other things, receive and manage funds from allocation of the Federation Account to fast-track the socio-economic development of the zone and speed up development as well as tackle the ecological problems and any other related environmental or developmental challenges in the South-West zone.
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[Commencement] [24th Day of March, 2025]
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ENACTED by the National Assembly of the Federal Republic of Nigeria
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PART 1 – ESTABLISHMENT OF THE SOUTH-WEST DEVELOPMENT COMMISSION AND THE GOVERNING BOARD
(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. (3) The headquarters of the Commission shall be located in Ibadan with operational offices in each member State of the Commission.
1. Establishment of the South-West Development Commission
(1) There is established the South-West Development Commission (in this Act referred to as “the Commission”).
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LAWS OF NIGERIA (ALPHABETICA LIST)
LAWS OF LAGOS STATE