…Terms of reference must toe CBN, NITDA, NOTAP’s Act, DG insists
By Seun Adams
The National Office for Technology Acquisition and Promotion (NOTAP) has signed landmark agreement with Revass System limited purposely geared towards to strengthening Nigeria’s technology acquisition compliance and to boost sustainable capacity through its regulatory framework.
Speaking during the signing of the agreement in Abuja, the Director General and Chief Executive Officer of NOTAP, Dr. Obiageli Amadiobi, said that the agreement is to reinforce NOTAP’s core mission of ensuring that technology imported into the country serves the broader interest particularly in advancing local content development, nurturing indigenous capabilities and ensuring sustainable job creation.
She said the major purpose of the agreement was for Revass Systems limited to design, develop, deploy and manage a secure and efficient digital revenue collection system for NOTAP.
The terms of reference according to the NOTAP boss must be in compliance with NOTAP Act, Central Bank of Nigeria (CBN) financial guidelines, NITDA policies, and other applicable Nigerian laws.
She added that the app should enhance transparency, accountability, and operational efficiency in revenue collection and management as well as build the capacity of NOTAP staff through structured training and technology transfer initiatives.
The DG stated that the agreement reflects a strategic approach to safeguarding Nigeria’s economic and technological independence by ensuring that every technology transferred into the country delivers tangible value to Nigerians.
“This partnership represents a pivotal step in ensuring that technologies coming into Nigeria are not only in compliance with Nigerian laws but also aligned with the country’s developmental priorities.
She added that goal of the agency is to ensure that every agreement NOTAP registers, contributes meaningfully to critical skills development, job creation and growth of local enterprises” she said.
Amadiobi, further said that the signing of the agreement was to support the increased oversight of technology transfer agreements, encourage partnerships that build indigenous capacities, and create an environment where Nigerian professionals and enterprises can thrive. She noted that it also enhances the role of the Office as a critical enabler of industrial competiveness through strategic compliance and monitoring mechanisms.
The Director General reaffirmed that the milestone, (signing of the agreement) is in consonance with the strategic vision of the supervising ministry, the Federal Ministry of Innovation, Science and Technology (FMIST) as well as the Renewed Hope Agenda of Mr. President to transform the country into a knowledge-based economy driven by local capabilities, productive collaborations, and build globally competitive talents.
She noted that the Office was established in the early 70s to regulate the inflow of foreign technologies into the Country through the registration of technology transfer agreements but also has the responsibility of encouraging the development and domestication of locally motivated technologies.
In a statement made available to the media by Raymond Onyenezi Ogbu, of NOTAP’s Communications and PR department, said the NOTAP boss opined that no meaningful developments could happen in critical areas of our economy without the deployment of technology hence the office is making every effort to deploy technology in all its operations to ensure efficient and timely service delivery as well.
She said that the technology transfer agreements registration has been automated, making it possible for the office to start and conclude the agreement registration in record a time.
