Section 2 EFCC Act 2004

Section 2 of the EFCC Act 2004 is about Composition of the Commission.

(1) The Commission shall consist of the following members –

(a) a chairman, who shall –

(i) be the Chief Executive and Accounting Officer of the Commission.
(ii) be a serving or retired member of any government security or law enforcement agency not below the rank of Assistant Commissioner of Police or equivalent; and
(iii) Possess not less than 15 years cognate experience

(b) the Governor of the Central Bank or his representative; and

(c) a representative each of the following Federal Ministries
(i) Foreign Affairs,
(ii) Finance,
(iii) Justice,

(d) the Chairman National Drug Law Enforcement Agency or his representative;
(e) the Director General of –
(i) the National Intelligence Agency,
(ii) the Department of State Security Services or his representative;

(f) the Registrar-General of the Corporate Affairs Commission or his Representative;
(g) the Director-General, Securities and Exchange Commission or his representative;
(h) the Managing- Director, Nigeria- Deposit Insurance Corporation or his representative
(i) the Commissioner for Insurance or his representative;

(j) the Postmaster-General of the Nigerian Postal Services or his representative;
(k) the Chairman, Nigerian Communications Commission or his representative;
(l) the Comptroller-General, Nigeria Customs Services or his representative;
(m) the Comptroller-General Nigeria Immigration Services or his representative;

(n) a Inspector General of Police or his representative
(o) four eminent Nigerians with cognate experience in any of the following, that is finance,
banking or accounting; and
(p) the Secretary to the commission who shall be the head of administration

(2) The members of the Commission, other than the Chairman and the Secretary shall be part
time members.

(3) The Chairman and members of the Commission other than ex-officio members shall be
appointed by the President and appointment shall be subject to the confirmation of the
Senate.