EXPORT (INCENTIVES AND MISCELLANEOUS PROVISIONS) ACT
Section 3: Exportation of raw and unprocessed goods and commodities
(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/