The National Agency for Food, Drug Administration and Control, NAFDAC, says it has waived fifty per cent on registration fee for locally manufactured products to promote Small and Medium Scale Enterprises.
The NAFDAC spokesperson, Dr Abubakar Jimoh, told newsmen in Abuja today that the measure will go a long way to promote economic development.
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.
He explained that this new measure is in response to the Federal Government’s policy to promote locally manufactured companies in order to boost the economy of the country.
The spokesperson also noted that NAFDAC recently established a Small Business Desk to guide people going into SMEs on how to set up their small factories.