EXPORT (INCENTIVES AND MISCELLANEOUS PROVISIONS) ACT

Section 3: Exportation of raw and unprocessed goods and commodities

1986Section 3 of 13Federal Republic of Nigeria

(1) As from the commencement of this Act, all raw or unprocessed commodities, whether mineral or agricultural, shall be exportable on the payment of a levy as may be prescribed, from time to time, by order of the Nigerian Export Promotion Council.
[1992 No. 65.]
(2) Subject to subsection (1) of this section, all exports from Nigeria shall be exportable without the production of an export licence, provided all existing foreign exchange regulations are complied with.
[1992 No. 65.]
(3) The monopoly of exportation of commodities granted to the Commodity Boards pursuant to the Commodity Boards Act, is hereby cancelled.
[1992 No. 65.]

Cite this section

Section 3, EXPORT (INCENTIVES AND MISCELLANEOUS PROVISIONS) ACT (1986).

https://repo.podus.ai/laws/export-incentives-and-miscellaneous-provisions-act/section/3/