South-West Development Commission (Establishment) Act, 2025

The Act creates the South-West Development Commission as a body corporate with its headquarters in Ibadan. It is charged with formulating development policies for the South-West states, planning and implementing projects in transport, health, education, agriculture, housing, water and electricity, and tackling ecological problems. A Governing Board with a chairman, a managing director and four executive directors runs it, and the Federal Government pays into its Fund the equivalent of 15% of the monthly statutory allocations due to the member states.

3 sections

1. 1(1)-(3).Establishment of South-West Development Commission

   (1) There is established the South-West 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 and 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.

2. 7(1)(a)-(b).Functions and powers of the Commission

   The Commission shall – (a) formulate policies and guidelines for the development of the South-West States; (b) conceive, plan and implement, in accordance with the set rules and regulations, projects and programmes for the sustainable development of the South-West States in the field of transportation including roads, health, education, employment, agriculture, industrialisation, housing and urban development, water supply, electricity and telecommunications;

3. 14(2)(a).Fund of the Commission

   There shall be paid from the Consolidated Revenue Fund of the Federation and credited to the Fund established in subsection (1) – (a) from the Federal Government, the equivalent of 15% of the total monthly statutory allocations due to member States of the Commission from the Federation Account;

This is a readable rendering for citizens. The authoritative text is the gazetted version — linked below.