The Federal Government has announced that new Micro Small and Medium Enterprises (MSMEs) will access National Agency for Food and Drug Administration and Control NAFDAC registration of their products at an 80% discount.
Click HERE to access the NAFDAC registration page for MSMEs
This discount covers for: Application forms, Registration fee and Inspection fee which are paid annually.
Eligibility: This concession covers MSMEs that are into production of foods, drugs, and related consumables.
MSME Classification adopted from National Policy on MSMEs:
Size Category | Employment | |
1 | Micro Enterprises | Less than 10 |
2 | Small Enterprises | 10-49 |
3 | Medium Enterprises | 50-199 |
The Real Reason Why NAFDAC is Giving MSME 80% Discounts On Registration
This initiative is in a bid to motivate business to make use of the NAFDAC’s e-Registration assistance for MSMEs through the Automated Product Administration and Monitoring System (NAPAMS). As well as in recognition of the current economic challenges.
Additionally, there is also a zero tariffs incentive for the first 200 micro and small businesses to register on the e-platform, and waiver on administrative charges for overdue/late renewal of expired licenses of products for a period 90 days.
The aim is to remove critical bottlenecks and bureaucratic red tapes that hinder the smooth registration and regulatory activities of MSMEs
Below is the breakdown of the applicability of the 80% discount.
MICROSCALE FOOD | ||||
OLD AMOUNT | NEW AMOUNT AFTER 80% REDUCTION | VAT | TOTAL NEW AMOUNT | |
APPLICATION FORM | 2500 | 500 | 500 | |
REGISTRATION FEE | 22000 | 4400 | 330 | 4730 |
INSPECTION FEE | 11000 | 2200 | 165 | 2365 |
TOTAL | 35500 | 7595 |
MEDIUM SCALE COSMETICS | ||||
OLD AMOUNT | NEW AMOUNT AFTER 80% REDUCTION | VAT | TOTAL NEW AMOUNT | |
APPLICATION FORM | 2500 | 500 | 500 | |
REGISTRATION FEE | 22000 | 4400 | 330 | 4730 |
INSPECTION FEE | 15000 | 3000 | 225 | 3225 |
TOTAL | 39500 | 8455 | ||
| ||||
SMALL SCALE FOOD | ||||
OLD AMOUNT | NEW AMOUNT AFTER 80% REDUCTION | VAT | TOTAL NEW AMOUNT | |
APPLICATION FORM | 2500 | 500 | 500 | |
REGISTRATION FEE | 30000 | 6000 | 450 | 6450 |
INSPECTION FEE | 30000 | 6000 | 450 | 6450 |
TOTAL | 62500 | 13400 | ||
| | |||
SMALL SCALE COSMETICS | ||||
OLD AMOUNT | NEW AMOUNT AFTER 80% REDUCTION | VAT | TOTAL NEW AMOUNT | |
APPLICATION FORM | 2500 | 500 | 500 | |
REGISTRATION FEE | 66000 | 13200 | 990 | 14190 |
INSPECTION FEE | 30000 | 6000 | 450 | 6450 |
TOTAL | 98500 | 21140 |
Please note that the reduced tariff will be in existence for only three (3) months effective from 15th May, 2020.
2021 NAFDAC Registration Update: Guaranteed Off-take Stimulus scheme For MSMEs
On February 9th 2021, the Nigerian government launched a new programme themed Guaranteed Off-take Stimulus scheme (GOS) to support 100,000 Micro, Small and Medium-sized (MSMEs) businesses in Nigeria.
Summary of NAFDAC Registration processes with timelines
- Submission of Application – 0 days
- Document Verification – 10 days
- Facility Inspection/Sampling – 10 days for Food, 20 days for Drugs
- Laboratory Analysis – 30 days for Food, 40 days for Drugs
- Final Vetting – 10 days
- Approval Meeting/Issuance of NAFDAC registration Number(Certificate of registration) – 20 days
Total number of days: 90 days for Food, 120 days for Drugs