21st March 2023
Navigating Cross-Border Franchise Regulation in Nigeria- Key Considerations for Franchisors
Nigeria has seen a steady increase in the use of franchise models by international companies which has resulted in the National Office for Technology Acquisition and Promotion (NOTAP) ramping up regulatory control and oversight to promote local content and meet the demands of the global economy.
The rising push for localization of skill, material sourcing, and production underpins most technology transfer agreements and serves as the decisive factor for NOTAP registration as required under Nigerian law.
This newsletter provides international franchisors looking to enter the Nigerian market with an overview of the most important legal factors for establishing franchises in Nigeria.
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