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The National Agency for Food, Drug Administration
and Control (NAFDAC) said it has waived 50 per cent on registration fee for
locally manufactured products to promote Small and Medium Scale Enterprises
(SMEs).
The NAFDAC spokesperson, Dr Abubakar Jimoh, said
that the measure would go a long way to promote economic development.
Jimoh explained that it was a new policy of the
agency under the leadership of its acting Director-General, Mrs Yetunde Oni.
He said that the measure was in response to
Federal Government’s policy to promote locally manufactured companies in order
to boost the economy of the country.
Jimoh said that in the past, a lot of people and
some licensed consultants had extorted money from innocent Nigerians in the
name of NAFDAC registration.
“Sometime back, we discovered that a lot of people
were extorting money from Nigerians for registration fee of products. We
decided to license some consultants who are professionals.
“But those unscrupulous elements fizzled into the
consultancy firm that registered with us and continued their extortion from
potential entrepreneurs.
“They collect as much N250,000 to N300,000 for
registration of less than N50,000, claiming that part of the money will be used
to settle NAFDAC officials.
“The agency has taken decision to stop them after
the expiration of their licenses; we will stop them and deal directly with
intending manufacturers,” he said.
Jimoh explained that in the last seven years, the
former NAFDAC director-general, Dr Paul Ohi, introduced a policy that all young
graduates willing to establish businesses would be given waiver.
He said that the policy was still in existence but
young graduates from NYSC were not taking such advantage.
The spokesperson noted that NAFDAC recently
established a Small Business Desk to guide people going into SMEs on how to set
up their small factories.
