The Board
The Board of
Directors is the governing body of the NESG and
manages its affairs. It elects the officers of the
Company and appoints the Committees. There are
twenty-six (26) members of the Board of Directors
elected from the membership of the NESG. Board
positions are open to the various membership
categories:
The Board is headed by a Chairman who is
assisted by 3 Vice-Chairmen among the elected
Directors. The Chairman and the Vice-Chairmen are
elected by the Board members. The Directors are
elected at the General Meeting.
Committees
The following
Committees are established by the Company to run
its affairs:
- Executive Committee;
- Membership & Finance Committee;
- Research & Policy Analysis Committee;
- Editorial Committee.
Management
A Director
General (DG)- who is a member of the Board- and
other professional staff carry out the day-to-day
operations of the NESG.
Finance
The NESG obtains
financing for its operations from members' annual
subscriptions and donations. The Board of
Directors is responsible for setting members'
annual subscription rates. The NESG has a
financial year that runs from January 1 to
December 31'.
Legal Status and Management.
The NESG was incorporated under Nigerian law
as a company limited by guarantee on November 8
1996.
The NESG is managed by a Board of Directors
drawn from its members. It is governed by its
Memorandum and Articles of Association and by the
Companies and Allied Matters Act and other
legislation commonly applied in Nigeria. The NESG
is a not-for-profit organisation, a status that is
consistent with the Group's purposes for the
following reasons:
- neutrality of its opinions,
- experience of similar institutions abroad,
and
- easy rapport with its main supporters, and
between the supporters and their own boards or
parent companies.
|
