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ARTICLE · 10 SEPTEMBER 2019

NOTAP Automates Registration Of Agreements

The National Office for Technology Acquisition and Promotion ("NOTAP) was established by the NOTAP Act, Cap. N62 LFN 2004 to monitor the transfer of foreign technology into Nigeria.

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Background

The National Office for Technology Acquisition and Promotion ("NOTAP) was established by the NOTAP Act, Cap. N62 LFN 2004 to monitor the transfer of foreign technology into Nigeria.

NOTAP's objectives are implemented through the evaluation, registration and monitoring of technology transfer agreements between a Nigerian company and its foreign counterparty.

Historically, the process for registration of agreements with NOTAP has been wholly paper-based and done manually by submitting relevant registration documents to the NOTAP head office in Abuja.

However, in a recent public notice, NOTAP announced the introduction of an automated platform for the registration of technology transfer agreements, commencing from 2 September 2019.

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