Section 14: Powers of the Authority.

(1) Subject to the provisions of this Act, the Authority shall have power to carry on such activities as appear to them to be advantageous, necessary or convenient for them to carry on for or in connection with the discharge of their duties under section 13 of this Act and, without prejudice to the generality of the foregoing power the Authority may-
(a) acquire, construct, manufacture, maintain or repair anything required for the purposes of the Authority;
(b) carry on the business of carrier by land or sea, stevedore, wharfinger, warehouseman or lighterman or any other business recommended as desirable for the purposes of the Authority;
(c) load or unload any ship at any wharf for the time being vested in, or in the possession of the Authority:
Provided that the owner or charterer of any ship may employ on the ship his own agents and labour with their ordinary gear for such purposes;
(d) clean, deepen,improve or alter any port or its approaches or,if so required by the National Council of Ministers, any other waterway;
(e) provide and use both within Nigeria and on the high seas, ships and appliances for the towage or protection or salvage of life and property or for the prevention of fire;
(f) determine and impose charges for any services performed by the Authority and for the grant to any person of any licence, permit or certificate;
(g) acquire any undertaking affording or intending to afford facilities for the loading and unloading or warehousing of goods in any port;
(h) appoint, license and manage pilots;
(i) supply water to shipping, and generate and supply electricity;
(j) insure goods in the custody of the Authority;
(k) control the erection and use of wharves in any port or its approaches;
(l) sell, let, or otherwise dispose of, any property which appears to the Authority to be unnecessary for the purposes of the Authority;
(m) enter into agreements with any person-
(i) for the supply, construction, manufacture,
maintenance or repair by that person of any property, movable or immovable, necessary or desirable for the purposes of the Authority;
(ii) for the operation or the provision of any of the port facilities which may be operated or provided by the Authority;
(n) appoint, license and regulate weighers and meters of goods in any port;
(o) reclaim, excavate, enclose or raise any part of the lands vested in them;
(p) do anything for the purpose of advancing the skill of persons employed by the Authority, or of the efficiency of the equipment of the Authority, or of the manner in which that equipment is operated, including the provision by the Authority and the assistance of the provision by others, of facilities for training, education and research;
(q) provide houses, hostels and other like accommodation for persons employed by the Authority;
(r) make loans to persons employed by the Authority for purposes specifically approved by the Authority, as likely to increase the effectiveness of such persons in their services to the Authority, or otherwise for the purpose of the functions of the Authority;
(s) make loans to any person employed by the Authority for the purpose of building a house, purchasing a plot of land on which to build a house or purchasing a house, for the employee's use or for the residential use of his family;
(t) promote the welfare of persons employed by the Authority;
(u) engage in any other activity, whether similar to those heretofore specified or not, which may be sanctioned by order of the President.
(2) For the avoidance of doubt it is hereby declared that the preceding provisions of this section relate only to the capacity of the Authority as a statutory corporation, and nothing in the said provisions shall be construed as authorising the disregard by the Authority of any enactment or rule of law.
(3) The provisions of this section shall not be construed as limiting any power of the Authority conferred by or under any subsequent provisions of this Act.