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The National Office of Technology Acquisition and Promotion (NOTAP) regulates the transfer of foreign technology into Nigeria. Every contract involving the transfer of technology must be registered with NOTAP within 60 days of its execution. In addition to the agreement, NOTAP will provide a list of documents to be submitted and fees to be paid… Continue reading NOTAP – National Office of Technology Acquisition and Promotion

Recent events should result in sensitizing players in the entertainment (especially the movie) industry on the need for contracts, clearances and proper documentation in movie production. From securing rights over the script, crew releases and location clearances, it is extremely important to stay up to date on all requisite documentation throughout the production process, in… Continue reading DEAR MOVIE PRODUCER

The National Pension Commission (PENCOM) is the body charged with the responsibility to formulate, direct and oversee the overall policy on pension matters in Nigeria. PENCOM is empowered to establish standards and rules for the management of the pension funds. Under the Pension Act, an employer is required to contribute 10% of the employee’s salary… Continue reading NATIONAL PENSION COMMISSION (PENCOM).

The National Agency for Food and Drug Administration and Control (NAFDAC) is an agency set up to regulate and control the manufacture, import, export, advertisement, sale , distribution and use of food, drugs, cosmetics, medical devices, bottled water and chemicals. Anyone who desires to carry out any of these activities is require to apply for… Continue reading NATIONAL AGENCY FOR FOOD AND DRUG ADMINISTRATION & CONTROL (NAFDAC)

The Industrial Training Fund (I.T.F.) was set up to establish a fund to promote and encourage training and skill acquisition. Every employer with 5 or more employees, or with an annual turnover of N50, 000,000.00 is expected, by the 1st of April every year to contribute 1% of the amount on its annual payroll to… Continue reading THE INDUSTRIAL TRAINING FUND