This article will explain in detail the Guidelines for the Registration of MSME-regulated products (Micro, Cottage, and Kitchen Scale).
Here, you will learn all you need to get a NAFDAC registration number. However, the article will talk about NAFDAC, its functions, and its cost.
To understand better the purpose of this article, we need to know what NAFDAC is and how they operate.
What is NAFDAC
The National Agency for Food and Drug Administration and Control (NAFDAC) is a Nigerian regulatory agency responsible for regulating and controlling the manufacture, importation, exportation, distribution, advertisement, sale, and use of food, drugs, cosmetics, medical devices, chemicals, and detergents in Nigeria.
In order to ensure that Micro, Small, and Medium Enterprises (MSMEs) engaged in these activities are operating in compliance with NAFDAC regulations, the agency has established guidelines for the registration of MSMEs.
To register with NAFDAC as an MSME, the first thing is to determine the appropriate category for your business. NAFDAC classifies MSMEs into three categories: Micro, Cottage, and Kitchen scale.
Micro enterprises are those with a turnover of less than NGN 5 million per year, cottage enterprises have a turnover between NGN 5 million and NGN 50 million per year, and kitchen scale enterprises have a turnover between NGN 50 million and NGN 100 million per year.
Once you have determined the appropriate category for your business, you will need to complete the necessary registration forms and provide the required documents.
These may include proof of business ownership, proof of product quality, and proof of compliance with relevant regulations. You may also need to pay a registration fee.
All processes will be analyzed in simple terms below.
It is important to note that NAFDAC registration is not a one-time process. MSMEs are required to renew their registration annually, and may also be subject to periodic inspections and audits to ensure ongoing compliance.
By following these guidelines and complying with NAFDAC regulations, MSMEs can help ensure the safety and quality of the products they manufacture, import, or sell, and protect the health and well-being of Nigerian consumers.
FUNCTIONS OF NAFDAC
The functions of NAFDAC as provided in the enabling law that establishes it are to:
What is the Meaning of MSME
It stands for Micro Small and Medium Enterprises. They are small business-sized entities. However, It is a business that can be managed by one or two-person partners, private or public limited companies.
A microenterprise is a business that has the potential to reduce the level of unemployment in a country.
According to CBN, in countries at the same levels of development as Nigeria, SMEs contribute a much higher proportion to Gross Domestic Product (GDP) than currently observed in Nigeria.
Studies by the IFC show that approx. 96% of Nigerian businesses are SMEs compared to 53% in the US and 65% in Europe.
SMEs represent about 90% of the manufacturing/industrial sector in terms of the number of enterprises.
NAFDAC MSME-regulated products are; Bread, Chips, Chin-chin, Coconut oil, Dried fish, Flour, Groundnut, Honey, Laundry starch, Liquid detergent, Palm oil, Petroleum jelly, Popcorn, Seasoning, Shea butter, Water, etc.
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