How many of you remember the “good old” days of being dragged to the market by your mum or some other guardian to purchase food or household items as necessary life skills?
To the utter shock of our trainers, the world has changed and the shopping culture in Nigeria is changing along with it. Supermarkets are becoming the preferred choice, particularly as they are now better stocked to take care of our needs and the prices are almost similar or sometimes surprisingly cheaper than the prices in the market.
For those who are wondering what the legal and regulatory requirements are to set up a Supermarket (either a physical or an online store) in Nigeria, we have highlighted below some of these requirements.
Regulatory Licences for setting up a Physical Store:
1. Will the Supermarket sell food items and drinks that are produced by it locally (e.g. bread)? If yes, a NAFDAC registration certificate for food and drinks is to be obtained.
2. Will the Supermarket sell imported food items and drinks? If yes, a Global Listing of Supermarket Items (“GLSI”) licence is to be obtained from NAFDAC.
3. Will the Supermarket sell imported gadgets, equipment and machineries? If yes, a Standard Organisation of Nigeria Conformity Assessment Program (“SONCAP”) certification is to be obtained.
4. Will the Supermarket sell alcoholic drinks? If yes, a Liquor Licence is to be obtained from the Local Government Authority (LGA) in the area where the store is situated.
Regulatory Licences for setting up an Online Store:
1. Is your Supermarket solely online? If yes, you will be required to obtain the relevant NAFDAC and SONCAP licences as stated above. You may however, not be required to obtain certain LGA permits that are specific to Supermarkets with physical stores.
2. You would also be required to comply with the provisions of the Nigeria Data Protection Regulation 2019, in the use of customers data.