Section 6: Establishment, etc., of Export Adjustment Scheme Fund

(1) There is hereby established a fund to be known as the Export Adjustment Scheme Fund (in this Act referred to as the "Adjustment Fund").
(2) The Adjustment Fund shall serve as a supplementary export subsidy or as an additional fund for dealing with-
(a) high costs of production arising mainly from infrastructural deficiencies;
(b) other factors beyond the control of the exporter.
(3) The Nigerian Export Promotion Council shall be responsible for the day-to-day administration of the Adjustment Fund established pursuant to subsection (1) of this section.
(4) An exporter wishing to benefit from the Adjustment Fund shall supply to the Nigerian Export Promotion Council accurate information on the costs of his export activities.
(5) The Nigerian Export Promotion Council shall issue, from time to time, guidelines for the effective administration of the Adjustment Fund.