Regulatory Approvals

There are some agreements that require the obtention of statutory approvals through government agencies before the agreement can be implemented. We can assist in processing the registration of such approvals with the appropriate agencies.

Some of the government agencies are:

    1. NATIONAL AGENCY FOR FOOD AND DRUG ADMINISTRATION (NAFDAC)
      This is parastatal of the Federal Ministry of Health with the mandate to regulate and control quality standards for Foods, Drugs, Cosmetic, Medical Devices, Chemicals, Detergent and Packaged water imported or manufactured locally and distributed in Nigeria. All manufacturers or agent whose products fall within the regulated goods are required to register with NAFDAC and comply with the guidelines. Evidence of trademark registration of the product name is a perquisite for NAFDAC registration.
    2. (b) NATIONAL OFFICE OF TECHNOLOGY ACQUISITION AND PROMOTION(NOTAP)
      The primary objective of NOTAP is to monitor on a continuing basis, the transfer of foreign technology to Nigeria. Where agreements relating to the transfer of technology, such as Management, Engineering Service and Technical Services Agreements, (which may be relevant for the purpose of the Parent Company achieving its objectives in Nigeria), are intended to be concluded between a foreign company and a local company, such agreements are required to be registered with NOTAP.