Promo Registration Fees

SALES PROMOTION MONITORING FEES THRESHOLD
S/NO VALUE OF PROMOTION (=N=) APPLICABLE  RATE (%) UPPER LIMIT (=N=) TOTAL VALUE (=N=)  APLICATION FEE (=N=) 
1 Below 2,000,000.00 12%                2,000,000.00                      240,000.00                         25,000.00
2 2,000,000 - 9,999,999     10%                9,999,999.00                      999,999.90                         50,000.00
3 10,000,000 - 29,999,999     8.5%              29,999,999.00                   2,549,999.92                         75,000.00
4 30,000,000 - 49,999,999 6.0%              49,999,999.00                   2,999,999.94                        100,000.00
5 50,000,000 - 99,999,999 5.2%              99,999,999.00                   5,199,999.95                        150,000.00
6 100,000,000 - 499,999,999 4.5%            499,999,999.00                 22,499,999.96                        200,000.00
7 Above 500,000,000 3.0%            500,000,000.00                 15,000,000.00                        250,000.00
DRAW ATTENDANCE: N25,000.00 per draw
NOTE: Penalty for proceeding with promo without registration - N5,000,000.00