Section 17: Payment to Federal Government on earnings from ships.

(1) Every shipping company operating in Nigeria shall be liable to a charge at a rate of two per cent of gross earnings in respect of the every outward or inward cargo carried by it.
(2) The charge referred to in subsection (1) of this section, shall be collected by the Authority on behalf of the Federal Government.
(3) The Minister may, after consultation with the Minister of Finance, make regulations for the implementation of this section.