Originally published at: https://www.ogbongeblog.com/nafdac-registration-fees-on-napams-e-registration-portal-slashed.html
Vice President Yemi Osinbajo has announced 80% slash in NAFDAC registration fees for Micro, Small and Medium Enterprises (MSMEs) in Nigeria as part of the Fedearl Government palliatives to help MSMEs wade through the current economic fallouts of the COVID-19 pandemic.
According to Vice President Yemi Osinbajo, SAN, these palliatives reflect the Buhari administration’s determination to support MSMEs and the priority the Federal Government places on small businesses.
The palliatives are:
- NAFDAC E-Registration of MSMEs/products at 80% discounted rate over a period of six months.
- Zero tariffs for the first 200 micro and small businesses to register on the NAFDAC E-platform.
- Waiver on administrative charges for overdue late renewal of expired licenses of micro/small businesses products for a period of 90 days.
He also announced that online NAFDAC registration of products in Nigeria is now possible on the NAFDAC e-registration platform : NAPAMS.org
![online nafdac e registration portal for smes in nigeria|897x697](upload://xYFjDwcrqmRvYVVkk2uETmFXt55.png)
Below is the announcement copied from his Instagram page @profosinbajo.
Starting today, our MSMEs can now process the registration of their products with NAFDAC from the comfort of their homes, and at an 80% discounted rate over a period of six months. This is thanks to NAFDAC’s e-Registration assistance for MSMEs through the Automated Product Administration and Monitoring System (NAPAMS).
Also, in recognition of the current economic challenges, we also commissioned additional NAFDAC palliatives for Micro/Small businesses, which includes zero tariffs 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.
It is quite clear that the President is committed to supporting existing MSMEs and encouraging the rise of new ones, as a sure way energizing and sustaining our economy through these times.
We reserve special commendation to the DG of NAFDAC and her team for this thoughtful and strategic response to the devastation that the COvid 19 pandemic has caused to businesses, especially MSMEs.