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Publication: Two Ambiguities in the Franchising Regulation Bill, 2022: The "Franchisor's Associate" and "Similar Businesses" Provisions

In January 2023, the Franchising Regulation Bill, 2022 was passed by the Senate to establish a framework for the regulation of Franchising in Nigeria. This is the first legislative attempt at regulating franchising in Nigeria. While this is a laudable attempt, a thorough perusal of the bill exposes certain ambiguous provisions that may be setbacks to the proper implementation of the Bill.

In this article, Professor Gbolahan Elias SAN, Eberechukwu Ezike and Ayomide Abiodun review the Bill focusing on two key provisions - the "Franchisor's Associate" and "Similar Business" Provisions, their implications for franchising in Nigeria and the challenges associated with the implementation of the Bill.

Read here - https://lnkd.in/dpT_kNVY

#GElias #Senate #Legislation #RegulatoryCompliance #Franchising #Franchisor #Associate #Legal #Law #Nigeria #Act #Rule

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