Section 10: Payments for services rendered in Nigerian seaports.
(1) All payments for services offered and rendered to foreign vessels at Nigerian seaports shall be paid for in foreign exchange transferred into Nigeria through the Central Bank of Nigeria.
(2) It shall be mandatory on the companies operating foreign vessels to show evidence of transfer of the funds at the point of entry.
(3) Nothing in subsection (1) of this section shall be construed as compelling national carriers to make payments for services offered and rendered to national carriers vessels at Nigerian seaports in foreign exchange.
Cite this section
Section 10, NATIONAL SHIPPING POLICY ACT (1987).
https://repo.podus.ai/laws/national-shipping-policy-act/section/10/