Section 7 Joint Revenue Board of Nigeria (Establishment) Act 2025

Section 7 of the Joint Revenue Board of Nigeria (Establishment) Act 2025 is about Conflict of interest and corporate responsibility. It provides as follows:

In the discharge of their responsibilities, members of the Board shall –

(a) act in utmost good faith, with care, skill and diligence ;

(b) have fiduciary obligations to the Board ;

(c) not act in any circumstance where their personal interest conflict with the interest of the Board ;

(d) not make secret profit in the course of discharging official duties ;

(e) not accept any gift or advantage in whatever form or manner, for anything done or likely to be done with respect to their responsibilities under this Act ; and

(f) adhere to all the duties and obligations specified for directors under the Companies and Allied Matters Act.

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