NIGERIAN SHIPPERS' COUNCIL (FREIGHT STABILISATION FEES ON IMPORTS AND EXPORTS) REGULATIONS
19874 sections•Federal Republic of Nigeria
Section 1: Payment of freight stabilisation fees on imports and exports
As from the commencement of these Regulations, there shall be charged on every import or export from Nigeria, a freight stabilisation fee of one per cent of the freight on the import or export.
Section 2: Collector of fees
The fees provided by section 1 of these Regulations shall be collected by the Council, or such other agent as may be authorised by the Council from time to time.
Section 3: Repeal
Accordingly, the Nigerian Shippers' Council (Freight Rate and Stabilisation Fees on Imports and Exports) Regulations 1986 are hereby consequently repealed.
[S.1. 14 of 1986.]
Section 4: Citation and Commencement
These Regulations may be cited as the Nigerian Shippers' Council (Freight Stabilisation Fees on Imports and Exports) Regulations 1995 and shall be deemed to have come into force on the 15th October 1987.