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Regulatory Framework

Legal and regulatory compliance.

Overview of the statutory frameworks, data privacy regulations, consumer protection laws, and financial rules governing Aerodrop Technologies Limited in Nigeria.

On This Page
  • 1. Data Protection
  • 2. Cybersecurity
  • 3. Financial Controls
  • 4. Consumer Protection
  • 5. Corporate & Tax
  • 6. Contact Details
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1. Data Protection and Privacy

  • Nigeria Data Protection Act (NDPA), 2023: Establishes lawful bases for processing personal data, data governance, processing registers, and data subject rights procedures.
  • NDPC Guidance & Registration: Designation of Data Protection Lead/Officer, publication of privacy notices, and implementation of internal privacy impact assessments.
  • Cross-Border Transfer Controls: Documenting transfer safeguards where cloud infrastructure (e.g., Supabase) processes data internationally.

2. Cybersecurity and Digital Resilience

  • Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015: Technical protections against unauthorized database access, data compromise, and transaction tampering.
  • Incident Response & Log Auditing: Maintaining a documented incident response playbook and retaining timestamped access logs for operational auditing.

3. Financial Controls and Escrow Handling

  • Money Laundering (Prevention and Prohibition) Act, 2022: Implementing KYC verification, suspicious transaction monitoring, and escalation procedures.
  • Paystack Merchant Terms & Escrow Mechanics: Ensuring all customer payments are processed through CBN-licensed payment switching and gateway providers.

4. Consumer Protection and Dispute Resolution

  • Federal Competition and Consumer Protection Act (FCCPA), 2018: Ensuring transparent pricing, fair terms of service, clear parcel damage limits, and efficient dispute handling.
  • Dispute Resolution Process: Documented customer support escalation pathways for parcel claims and escrow release issues.

5. Corporate, Tax, and Operations

  • Companies and Allied Matters Act (CAMA), 2020: Corporate registration and statutory annual returns with the Corporate Affairs Commission (CAC).
  • Tax Registration & Remittance: VAT, withholding tax, and corporate tax compliance with the Federal Inland Revenue Service (FIRS).
  • Goods-in-Transit Insurance: Insurance coverage for parcel damage or transit loss across intercity transport corridors.

6. Contact Details

For regulatory inquiries, please contact us at:

Aerodrop Technologies Limited
99, Edet Akpan Avenue, Uyo, Akwa Ibom, Nigeria.
Email: info@aerodrop.app

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