Section 14: Exports and imports.

(1) National carriers shall have exclusive right to the freight belonging to the Federal, State and local Governments, including Federal and State owned companies and parastatals, except where such freight is exempted by the Minister.
(2) The Federal Government shall, from time to time, issue guidelines on incentives to be granted to Nigerian shippers who use the national carrier vessels for the carriage of their cargoes.
(3) All public sector contracts for the importation and exportation of goods shall respectively be on F. O. B. and C and F basis.
(4) The Minister may, from time to time, grant exceptions on certain imports and exports from the operation of subsection (1) of this section.
(5) Shipping companies benefiting from the provisions of this Act, shall provide regular services on their respective route to ensure adequate coverage of Nigeria's export trade.