National Agency for Food and Drug Administration and Control (NAFDAC), on Tuesday have been ordered by the Nigerian government to reduce products’ registration period.
Vice President, Yemi Osinbajo, gave the directive in Abuja at the NAFDAC stakeholders’ consultative forum on the ease of doing business in Nigeria.
Osinbajo represented by his Special Adviser on Micro, Small and Medium Enterprises, Fola Johnson, said “Sixty days is possible. Collectively let us put our house in order. Let MSMEs, NAFDAC and the Federal Government, target 60 days.
He said, “Any MSME that employs a person today is doing the Federal Government a huge favour. What the Federal Government is supposed to do is create an enabling environment. It is the private sector that drives the economy, so we must encourage every activity that drives that space”.
Acting Director-General of NAFDAC, Mr. Ademola Mogbojuri, said the agency had reduced its registration period from a maximum of one year to a minimum of 90 days.
Mogbojuri, who was represented by Mr. Abubakar Jimoh, Director, Strategy, said the agency had recently slashed by 50 per cent the cost of registration for companies with less than five employees.
Magbojuri assured that NAFDAC would ensure that bread registration is done within 30 days while the fees charged for registration of locally manufactured products are lower than those charged for imported products.