*Samuel Ngwu, CIPP/E
INTRODUCTION:
On Thursday 19th of October, 2022, President Muhammadu Buhari signed the Nigeria Startup Bill into law, thus bringing Nigeria in the list of African countries with Startup laws. The Nigerian Startup Act, 2022 (the Act) defines the nature of startups in Nigeria, their scope, operations, incentives and limitations to attract foreign investors and open up the tech market in Nigeria. The Act defines Startup as “a company in existence for not more than ten (10) years, with its objectives being the creation, innovation, production, development or adoption of a unique digital technology innovative product, service or process.” It seeks to provide a legal and institutional framework for the development of startups in Nigeria; provide an enabling environment for the establishment, development, and operation of startups in Nigeria; provide for the development and growth of technology-related talents; and position Nigeria’s startup ecosystem as the leading digital technology center in Africa. This article highlights the salient provisions of the Act and how it affects stakeholders operating in the startup space.
APPLICATION OF THE ACT:
The Act applies to all companies incorporated under the Companies and Allied Matters Act, 2020 and granted the startup label and organizations and establishments, whose activities affect the creation, support, and incubation of labelled startups in Nigeria. It does not apply to an organization which is a holding company or subsidiary of an existing company which is not registered as a startup.
STARTUP LABEL:
The Act creates a certificate mechanism known as Startup Label. The certificate is issued by the Startup Secretariat to eligible Startups to confirm their status as labelled Startup. Startups designated as labelled Startups are entitled to all the incentives provided under the Act. For a Startup to be eligible for certification, it must do the following:
- be registered in Nigeria as a limited liability company
- existed for not more than 10 years;
- business objects are to carry out innovation, development, production, improvement and commercialization of digital technology, innovative products or processes;
- it is a holder or repository of digital technology or author of registered software;
- it has at least one-third local shareholding held by one or more Nigerians as founder or Co-founder of the startup;
- in the case of sole proprietorship or partnership, it satisfies the conditions set out in paragraphs (b) (c) and (d).
An application for a Startup label shall be submitted on the Startup portal in the prescribed form supported by documents prescribed by the Secretariat. Once approved, the applicant’s name and particular will be entered in the register of Startups kept for that purpose and thereafter issued a Startup label. The Startup label shall be conclusive evidence that the Startup has complied with all the requirements for labelling. A Startup label shall be valid for a period of 10 years from the date of issuance.
ONE-STOP SHOP STARTUP PORTAL
The Act establishes a Startup and Engagement portal through which Startups conduct registrations and collaboration with Ministries, Departments and Agencies (MDAs). The Act further enjoins the Secretariat to collaborate with Corporate Affairs Commission, Nigeria Copyright Commission, Trademarks, Patent and Design Registries, National Office for Technology Acquisition and Promotion, Central Bank of Nigeria, Security and Exchange Commission to designate separate sections on the Portal to ease the processes for labelled Startups that conduct transactions at the Commissions. The Act mandates the Secretariat with the approval of the Council to set up Startup Consultative Forum on the Startup Portal to provide information concerning qualified labelled Startup, relevant incentives, local capabilities, the nomination of representatives to the Council, deliberations on a memorandum to be sent to Council for consideration and other policy proposals.
STARTUP INVESTMENT SEED FUND
The Act establishes Startup investment seed Fund to be managed by the Nigeria Sovereign Investment Authority (the Fund Manager) for the benefit of Startups. A sum of N10,000,000,000 (Ten Billion) shall be paid into the account from sources to be approved by the Council. In essence, the fund will be applied to provide labelled Startups with finance and provide relief to technology laboratories, accelerators, incubators and hubs.
TAX AND FISCAL INCENTIVES
The Act provides for several tax incentives for labelled Startups such as:
- pioneer status incentives;
- fiscal incentives;
- tax relief for total period of 5years;
- exemption from contributions to the Industrial Training Fund;
- import incentives and access to export facilities;
- access to government grants, loans and facilities.
The Act further granted tax credits up to 30% to investors investing in labelled startups. Capital gains tax exemption from the disposal of assets by investors provided such assets have been held in Nigeria for a minimum of 24 months.
CREDIT GUARANTEE SCHEME
The Act empowers the Secretariat to establish a Credit Guarantee Scheme for the development and growth of a labelled startup; provision of accessible financial support to a labelled startup; creation of a framework for credit guarantee for a labelled startup; provisions of financial and credit information to startups and provision of financial management capacity building programmes to startups. Where the Scheme is established, the Secretariat shall ensure that there is a strategy and operational goals which align with the objectives under the subsection 2; criteria for eligibility and qualification for receipts of funding under the Scheme; criteria for the monitoring and evaluation of projects undertaken under the Scheme and the efficiency of the operations of the Scheme; mechanism for transparency, accountability and reporting on the activities of the Scheme and chattels, registered intellectual property, assignment of shares or any other instrument identified in the collateral registry as sufficient collateral.
ESTABLISHMENT OF THE COUNCIL
The Act creates the National Council for Digital Innovation and Entrepreneurship (the Council) to regulate and support the operations of Labelled Startups. The Council is composed of the following:
- the President,
- the Vice President,
- the Ministers of Communication and Digital Economy,
- Minister responsible Finance, Budget and National Planning,
- Minister responsible for Industry, Trade and Investment,
- Minister responsible for Science, Technology and Innovation,
- Governor of the Central Bank of Nigeria,
- Four Representatives of the Startup Consultative Forum.
- One member to Represent the Nigeria Computer Society,
- One member to Represent the Computer Professionals and
- Director-General of the National Information Technology Development Agency.
The establishment of the Council is important because it has mandates amongst others to do the following:
- formulate and provide general policy guidelines for the realization of the objectives of the Act;
- Give overall directions for the harmonization of the laws and regulations that affect a startup;
- Approve the programmes of the Secretariat established under the Act;
- Ensure the monitoring and evaluation of the regulatory framework to encourage the development of startups in Nigeria; and
- Support digital technological development through grants to persons, research institutions and universities pursuing postgraduate programmes in the areas of science, technology and innovation.
The National Information Technology Development Agency (NITDA) shall serve as the Secretariat of the Council and therefore manage the process of labelling a Startup, establish online platforms for easy access to information, maintain a directory of Startups, incubators and accelerators, implement National Digital Innovation, Entrepreneurship and Startup Policy (NDIESP) of the Secretariat for the development of the Startup ecosystem, advise the Council on issues affecting Startups and digital technology innovation entrepreneurship in Nigeria and matters connected to the implementation of the Act amongst others.
INCUBATION PROGRAMMES/REGULATORY SANDBOX
The Act empowers the Secretariat to establish incubator and accelerator programmes for Startups. The incubation programme is expected to aid Startups to tackle problems they encounter while running their businesses. The Secretariat shall develop standards and guidelines to regulate the relationships between accelerators, incubators and Startups; encourage and collaborate with existing accelerator and incubator programmes established by private organizations and provide information on the Startup portal of existing accelerator and incubator programmes and the process of registration and admission into the program. A labelled Startup wanting to participate in the CBN regulatory sandbox, SEC’s incubation programme or any other shall apply through a fast-track process available in the Startup portal.
TRAINING, CAPACITY BUILDING AND TALENT DEVELOPMENT
The Act mandates the Secretariat to design and implement a capacity-building programme for Startups, and collaborate with the National Universities Commission and Polytechnics to develop modules, programs and workshops aimed at impacting knowledge necessary for the establishment and running of Startups in Nigeria. It further empowered the Secretariat to establish centres for the acquisition of digital technology in the six geopolitical zones of Nigeria and to issue a time-to-time framework for the development of talent and collaborate with relevant stakeholders to establish digital technology innovation parks and hubs in universities and polytechnics. The Secretariat shall support activities of academic research institutions towards the development of Startups by providing financial support amongst others.
INCENTIVES FOR ACCELERATORS AND INCUBATORS
Accelerators and Incubators that provide goods, services or finance crucial in supporting the operation and growth of Startups in Nigeria shall be registered with the Secretariat and thus entitled to some incentives as such grants and aids for research, development, training and expansion projects, grants given under Nigeria Digital Innovation, Entrepreneurship and Startup Policy and such other incentives as may be granted by the Federal Government.
ESTABLISHMENT OF INNOVATION, CLUSTERS, HUBS AND PARKS
The Act mandates the Council to create a framework for the establishment of Startup innovation, clusters, hubs, and physical and virtual innovation parks in each state of the federation. The roles of the innovation clusters, hubs and parks include fostering collaboration and generating business between Startups and large companies, collating expertise, ideas and perspectives, promoting collaboration amongst Startups and providing Startups with access to resources and professional services. It will further aid Startups in registration and application for authorization and expansion into foreign markets.
ESTABLISHMENT OF TECHNOLOGY DEVELOPMENT ZONES
Under the Act the Secretariat is to collaborate with the Nigeria Export Processing Zones Authority to establish a Technology Development Zone (the Zones) in Nigeria to fast-track Startups, accelerators and incubators’ growth and development. The Zones shall grant a license to a Startup, accelerator and incubator before the commencement of an approved activity and shall therefore be entitled to existing incentives provided under the Nigeria Export Processing Zones Act.
PROTECTION OF PERSONAL DATA
The Act provides for the protection of personal data by mandating Startups to ensure compliance with the extant data protection laws in Nigeria in giving effect to the provisions of the Act and in their day-to-day activities.
CONCLUSION
The framers of the Nigerian Startup Act, 2022 have ensured that there are adequate provisions which, if implemented, will ensure the realization of the objectives which are clearly stated therein. Thus, there is a likelihood that the Act will attract investors into the Nigerian Startups space and thereby accelerate the ecosystem’s growth. It is to be noted, however, that it is one thing to have a good law and an entirely different thing to enforce or implement the law, especially in a developing country such as Nigeria. It is hoped, therefore, that the Federal Government of Nigeria and other stakeholders will take the necessary steps to ensure the full implementation of the provisions of the Act and thereby bring about a phenomenal growth in digital technology which will have a positive impact on the country’s economy.
*Samuel Ngwu is an Associate at Alliance Law Firm, Lagos.
206 Comments
Hello there, just became alert to your blog through
Google, and found that it is really informative.
I am going to watch out for brussels. I will appreciate if you continue this
in future. Lots of people will be benefited from your writing.
Cheers! Najlepsze escape roomy
I like this weblog very much, Its a really nice berth to read and incur info.?
pharmacies in mexico that ship to usa: cmq mexican pharmacy online – purple pharmacy mexico price list
mexican border pharmacies shipping to usa
https://cmqpharma.com/# mexican online pharmacies prescription drugs
buying prescription drugs in mexico
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
indian pharmacy: reputable indian online pharmacy – indianpharmacy com
https://canadapharmast.online/# canadian pharmacy online store
world pharmacy india indian pharmacy online indian pharmacy
п»їbest mexican online pharmacies: reputable mexican pharmacies online – mexico drug stores pharmacies
canada drug pharmacy canadian pharmacies comparison best canadian pharmacy
mexican border pharmacies shipping to usa: buying from online mexican pharmacy – mexican pharmaceuticals online
reddit canadian pharmacy: canadian pharmacy world reviews – reliable canadian pharmacy reviews
http://canadapharmast.com/# canada pharmacy world
world pharmacy india indian pharmacy online shopping pharmacy india
purple pharmacy mexico price list: mexican rx online – mexican rx online
canadian pharmacy 24 com: online canadian pharmacy – canadian pharmacy ltd
mexican online pharmacies prescription drugs buying prescription drugs in mexico mexican rx online
canadian drug: canada ed drugs – canadian drug
canadian drug prices: legitimate canadian online pharmacies – canadian family pharmacy
buy prescription drugs from india: pharmacy website india – buy medicines online in india
reputable canadian pharmacy: canadian pharmacies compare – canadian world pharmacy
https://canadapharmast.com/# best rated canadian pharmacy
mexican border pharmacies shipping to usa mexico drug stores pharmacies reputable mexican pharmacies online
canada drugstore pharmacy rx safe canadian pharmacy canada drugs reviews
best online pharmacies in mexico: buying from online mexican pharmacy – mexico drug stores pharmacies
mexican pharmaceuticals online: mexican online pharmacies prescription drugs – pharmacies in mexico that ship to usa
canadian online drugs: thecanadianpharmacy – best canadian pharmacy online
http://foruspharma.com/# mexican pharmacy
canadian pharmacy king reviews canadian pharmacy canadianpharmacymeds
world pharmacy india: top 10 online pharmacy in india – top 10 pharmacies in india
https://doxycyclinedelivery.pro/# order doxycycline capsules online
cipro pharmacy buy generic ciprofloxacin cipro online no prescription in the usa
paxlovid generic: п»їpaxlovid – Paxlovid over the counter
http://paxloviddelivery.pro/# Paxlovid over the counter
paxlovid for sale: paxlovid pill – paxlovid india
https://clomiddelivery.pro/# cost of generic clomid no prescription
can i order clomid: cheap clomid without prescription – get clomid tablets
http://paxloviddelivery.pro/# paxlovid for sale
buy cipro cheap purchase cipro buy generic ciprofloxacin
http://paxloviddelivery.pro/# paxlovid generic
paxlovid covid paxlovid covid Paxlovid buy online
http://amoxildelivery.pro/# amoxicillin azithromycin
buy cipro cheap: buy ciprofloxacin – ciprofloxacin generic price
http://clomiddelivery.pro/# can you get clomid without dr prescription
cipro: buy cipro – ciprofloxacin
amoxicillin 500 mg for sale: amoxicillin 500mg tablets price in india – where to buy amoxicillin 500mg
https://ciprodelivery.pro/# buy ciprofloxacin over the counter
buy paxlovid online Paxlovid over the counter paxlovid covid
http://amoxildelivery.pro/# can you buy amoxicillin over the counter in canada
http://ciprodelivery.pro/# buy cipro
cipro for sale cipro pharmacy buy cipro
amoxicillin 500mg price in canada: buy amoxicillin 500mg canada – amoxicillin without a prescription
https://clomiddelivery.pro/# can i buy generic clomid
https://ciprodelivery.pro/# buy cipro online without prescription
paxlovid for sale: paxlovid pharmacy – paxlovid price
http://amoxildelivery.pro/# amoxicillin 500 mg where to buy
buy paxlovid online paxlovid pharmacy paxlovid india
https://clomiddelivery.pro/# where to buy clomid without insurance
Paxlovid buy online paxlovid cost without insurance paxlovid buy
ciprofloxacin 500mg buy online: ciprofloxacin – buy generic ciprofloxacin
https://paxloviddelivery.pro/# paxlovid price
https://doxycyclinedelivery.pro/# doxycycline 200 mg tablets
ciprofloxacin 500 mg tablet price: purchase cipro – buy cipro online canada
http://clomiddelivery.pro/# where to buy cheap clomid prices
where to get cheap clomid buying clomid pills where can i get cheap clomid without dr prescription
http://ciprodelivery.pro/# buy cipro online
paxlovid india paxlovid india buy paxlovid online
paxlovid pill: paxlovid pill – paxlovid covid
http://amoxildelivery.pro/# amoxicillin cost australia
http://doxycyclinedelivery.pro/# doxycycline 100mg cost australia
can you buy cheap clomid pill: can you get clomid pills – can i purchase cheap clomid prices
https://clomiddelivery.pro/# generic clomid without prescription
can i order clomid pill cheap clomid without rx how to buy cheap clomid tablets
http://amoxildelivery.pro/# buy amoxicillin 500mg capsules uk
get cheap clomid without rx how to buy generic clomid without rx clomid brand name
paxlovid for sale: paxlovid buy – Paxlovid over the counter
https://clomiddelivery.pro/# can you buy clomid no prescription
https://amoxildelivery.pro/# amoxicillin 500mg buy online canada
paxlovid cost without insurance: Paxlovid over the counter – paxlovid covid
https://ciprodelivery.pro/# buy generic ciprofloxacin
http://ciprodelivery.pro/# buy ciprofloxacin over the counter
doxycycline vibramycin doxycycline 150 mg price doxycycline gel in india
Paxlovid over the counter: paxlovid generic – paxlovid india
https://paxloviddelivery.pro/# paxlovid for sale
cheap clomid price: generic clomid tablets – where can i get clomid without rx
http://doxycyclinedelivery.pro/# doxycycline 100 mg
buy paxlovid online: paxlovid pharmacy – paxlovid cost without insurance
https://ciprodelivery.pro/# cipro
http://paxloviddelivery.pro/# paxlovid pill
buy amoxil buy amoxicillin 500mg online amoxicillin 500mg pill
amoxicillin buy no prescription: buy amoxicillin 500mg uk – amoxicillin for sale
pharmacies in mexico that ship to usa mexican pharmacy mexican pharmaceuticals online
mexican mail order pharmacies medicine in mexico pharmacies mexico pharmacy
https://mexicandeliverypharma.online/# buying from online mexican pharmacy
mexico drug stores pharmacies п»їbest mexican online pharmacies mexican rx online
The Real Person!
The Real Person!
mexico pharmacies prescription drugs medicine in mexico pharmacies п»їbest mexican online pharmacies
The Real Person!
The Real Person!
medication from mexico pharmacy mexico drug stores pharmacies mexican border pharmacies shipping to usa
The Real Person!
The Real Person!
reputable mexican pharmacies online: best online pharmacies in mexico – buying prescription drugs in mexico
The Real Person!
The Real Person!
best online pharmacies in mexico: mexican mail order pharmacies – mexican rx online
The Real Person!
The Real Person!
buying prescription drugs in mexico online: mexican pharmaceuticals online – reputable mexican pharmacies online
The Real Person!
The Real Person!
mexican drugstore online mexico pharmacy mexico drug stores pharmacies
The Real Person!
The Real Person!
mexican online pharmacies prescription drugs: purple pharmacy mexico price list – medicine in mexico pharmacies
The Real Person!
The Real Person!
mexican border pharmacies shipping to usa: medication from mexico pharmacy – mexican pharmaceuticals online
The Real Person!
The Real Person!
medicine in mexico pharmacies reputable mexican pharmacies online best online pharmacies in mexico
The Real Person!
The Real Person!
medicine in mexico pharmacies buying from online mexican pharmacy mexican drugstore online
The Real Person!
The Real Person!
mexican drugstore online reputable mexican pharmacies online mexican mail order pharmacies
The Real Person!
The Real Person!
buying prescription drugs in mexico online: mexican mail order pharmacies – mexico drug stores pharmacies
The Real Person!
The Real Person!
mexico drug stores pharmacies reputable mexican pharmacies online mexican pharmaceuticals online
The Real Person!
The Real Person!
purple pharmacy mexico price list mexican mail order pharmacies buying prescription drugs in mexico
The Real Person!
The Real Person!
mexican online pharmacies prescription drugs: mexico drug stores pharmacies – mexican border pharmacies shipping to usa
The Real Person!
The Real Person!
medicine in mexico pharmacies mexican rx online reputable mexican pharmacies online
The Real Person!
The Real Person!
buying prescription drugs in mexico mexican rx online mexico pharmacy
The Real Person!
The Real Person!
mexican online pharmacies prescription drugs: mexican border pharmacies shipping to usa – buying from online mexican pharmacy
The Real Person!
The Real Person!
http://prednisonebestprice.pro/# 1 mg prednisone cost
The Real Person!
The Real Person!
Farmacie on line spedizione gratuita: kamagra gel – Farmacia online miglior prezzo
https://cialisgenerico.life/# п»їFarmacia online migliore
comprare farmaci online all’estero Cialis generico controindicazioni Farmacia online piГ№ conveniente
The Real Person!
The Real Person!
farmacia online piГ№ conveniente: Avanafil compresse – farmacie online affidabili
The Real Person!
The Real Person!
acquisto farmaci con ricetta: sildenafil oral jelly 100mg kamagra – comprare farmaci online all’estero
http://avanafil.pro/# migliori farmacie online 2024
farmacia online kamagra oral jelly farmacie online sicure
The Real Person!
The Real Person!
Farmacie online sicure: avanafil senza ricetta – Farmacia online piГ№ conveniente
The Real Person!
The Real Person!
viagra pfizer 25mg prezzo: viagra farmacia – gel per erezione in farmacia
The Real Person!
The Real Person!
farmacie online autorizzate elenco Farmacie online sicure or acquistare farmaci senza ricetta
https://devinity.org/proxy.php?link=https://farmait.store farmaci senza ricetta elenco
top farmacia online farmacie online sicure and acquisto farmaci con ricetta Farmacia online miglior prezzo
The Real Person!
The Real Person!
siti sicuri per comprare viagra online: viagra online siti sicuri – viagra generico sandoz
The Real Person!
The Real Person!
http://viagragenerico.site/# miglior sito per comprare viagra online
The Real Person!
The Real Person!
farmacie online sicure: kamagra gel – farmaci senza ricetta elenco
https://avanafil.pro/# farmacia online piГ№ conveniente
farmacie online sicure Farmacie on line spedizione gratuita acquisto farmaci con ricetta
The Real Person!
The Real Person!
Farmacia online miglior prezzo: Farmacie on line spedizione gratuita – farmacie online affidabili
The Real Person!
The Real Person!
comprare farmaci online all’estero: Farmacie on line spedizione gratuita – top farmacia online
The Real Person!
The Real Person!
farmacia online: Avanafil compresse – acquistare farmaci senza ricetta
http://kamagrait.pro/# migliori farmacie online 2024
viagra pfizer 25mg prezzo viagra senza prescrizione viagra prezzo farmacia 2023
The Real Person!
The Real Person!
Farmacia online miglior prezzo top farmacia online or farmacia online
https://toolbarqueries.google.as/url?q=https://farmait.store farmacie online autorizzate elenco
Farmacia online miglior prezzo farmacia online and farmacie online autorizzate elenco farmacia online
The Real Person!
The Real Person!
http://viagragenerico.site/# siti sicuri per comprare viagra online
The Real Person!
The Real Person!
top farmacia online: Avanafil prezzo – farmacia online
The Real Person!
The Real Person!
Farmacie online sicure: Farmacie online sicure – comprare farmaci online con ricetta
The Real Person!
The Real Person!
Farmacia online miglior prezzo: kamagra – farmacia online senza ricetta
The Real Person!
The Real Person!
viagra subito: viagra online – viagra subito
http://cialisgenerico.life/# п»їFarmacia online migliore
Farmacia online miglior prezzo Farmacie on line spedizione gratuita Farmacie on line spedizione gratuita
The Real Person!
The Real Person!
farmacie online sicure: avanafil generico – farmacia online
The Real Person!
The Real Person!
https://viagragenerico.site/# cialis farmacia senza ricetta
The Real Person!
The Real Person!
Farmacia online miglior prezzo: kamagra oral jelly consegna 24 ore – п»їFarmacia online migliore
The Real Person!
The Real Person!
generic viagra: Viagra without a doctor prescription – viagra generic
https://tadalafil.auction/# cialis 10mg generic
The Real Person!
The Real Person!
viagra vs cialis: Buy Viagra online in USA – cost of viagra
The Real Person!
The Real Person!
http://tadalafil.auction/# cialis no consultation
The Real Person!
The Real Person!
cialis professional india: Buy Tadalafil 20mg – wallmart cialis
http://tadalafil.auction/# cialis free trial phone #
online generic cialis Buy Cialis online lowest price generic cialis
The Real Person!
The Real Person!
can cialis cause heart attack: Buy Cialis online – cialis trial pack
http://sildenafil.llc/# viagra without prescription
The Real Person!
The Real Person!
overnight cialis delivery: Generic Cialis without a doctor prescription – do you need prescription for cialis
The Real Person!
The Real Person!
female viagra viagra for women or 100 mg viagra lowest price
http://savvylion.com/?bmDomain=sildenafil.llc& free viagra
viagra real viagra without a doctor prescription and viagra online viagra
The Real Person!
The Real Person!
which is better cialis or levitra: cialis without a doctor prescription – walmart cialis pharmacy
https://tadalafil.auction/# cialis dapoxetine online canada
cialis vs viagra buy sildenafil online usa viagra pills
The Real Person!
The Real Person!
https://tadalafil.auction/# cialis canada org doc
The Real Person!
The Real Person!
http://tadalafil.auction/# whats better cialis viagra or levitra
overnight delivery cialis cialis dapoxetine cialis samples for healthcare professionals
The Real Person!
The Real Person!
viagra coupon: Cheap Viagra online – viagra price
The Real Person!
The Real Person!
cialis onine: Buy Cialis online – cialis viagra cocktail
https://sildenafil.llc/# viagra
The Real Person!
The Real Person!
cialis 800 black canada can i take cialis and viagra together or cialis us pharmacy
https://images.google.com.jm/url?sa=t&url=https://tadalafil.auction cialis with dapoxetine from canada
online cialis canada buy cialis 36 hour online and cialisВ® cialis without a doctor prescription canada
The Real Person!
The Real Person!
generic cialis mexico generic levitra and cialis in australia or cialis and dapoxetine
https://clients1.google.bt/url?q=https://tadalafil.auction online pharmacies for cialis
cialis australia express shipping cialis 80mg and cialis dapoxetine overnight shipment viagra cialis melbourne site:au
The Real Person!
The Real Person!
generic viagra overnight: Cheap Viagra 100mg – viagra vs cialis
http://tadalafil.auction/# cialis onine
where to buy cialis in singapore Buy Cialis online fastest delivery service for cialis
The Real Person!
The Real Person!
buy cheap cialis online with mastercard: Generic Cialis without a doctor prescription – dapoxetine with cialis
The Real Person!
The Real Person!
http://sildenafil.llc/# viagra prices
The Real Person!
The Real Person!
buy viagra generic: Viagra online price – blue pill viagra
http://tadalafil.auction/# 30 day free trial of cialis
100mg viagra without a doctor prescription Viagra online price buy generic viagra online
The Real Person!
The Real Person!
cheapest online ed treatment: Best ED pills non prescription – cheapest online ed meds
https://edpillpharmacy.store/# erectile dysfunction medicine online
The Real Person!
The Real Person!
top online pharmacy india: Best Indian pharmacy – top online pharmacy india
The Real Person!
The Real Person!
http://mexicopharmacy.win/# buying prescription drugs in mexico online
The Real Person!
The Real Person!
https://edpillpharmacy.store/# ed medication online
low cost ed medication
The Real Person!
The Real Person!
buy erectile dysfunction pills: Cheapest online ED treatment – where to buy erectile dysfunction pills
https://edpillpharmacy.store/# best online ed treatment
The Real Person!
The Real Person!
ed meds on line: cheap ed meds online – erectile dysfunction medications online
The Real Person!
The Real Person!
https://edpillpharmacy.store/# erection pills online
online ed treatments
The Real Person!
The Real Person!
http://indiapharmacy.shop/# indian pharmacy paypal
The Real Person!
The Real Person!
mexico drug stores pharmacies: mexico pharmacy win – medication from mexico pharmacy
https://mexicopharmacy.win/# mexican drugstore online
india pharmacy mail order Online pharmacy reputable indian online pharmacy
The Real Person!
The Real Person!
mexico drug stores pharmacies: Purple pharmacy online ordering – mexico drug stores pharmacies
https://edpillpharmacy.store/# п»їed pills online
The Real Person!
The Real Person!
mexican border pharmacies shipping to usa: Purple pharmacy online ordering – mexico pharmacies prescription drugs
The Real Person!
The Real Person!
https://indiapharmacy.shop/# Online medicine order
cheapest ed treatment
The Real Person!
The Real Person!
buy ed medication cheapest ed pills or <a href=" http://www.1491.com.tw/phpinfo.php?a= “>best ed meds online
http://hamas.opoint.com/?url=http://edpillpharmacy.store ed rx online
edmeds online ed medicine and ed pills cheap ed meds online
The Real Person!
The Real Person!
pharmacies in mexico that ship to usa: Certified Mexican pharmacy – mexican rx online
https://indiapharmacy.shop/# online pharmacy india
The Real Person!
The Real Person!
http://mexicopharmacy.win/# mexican mail order pharmacies
The Real Person!
The Real Person!
ed doctor online: Cheap ED pills online – cheapest online ed treatment
The Real Person!
The Real Person!
order ed pills online: Cheapest online ED treatment – erectile dysfunction online prescription
https://indiapharmacy.shop/# indian pharmacy online
reputable indian online pharmacy Top mail order pharmacies indian pharmacies safe
The Real Person!
The Real Person!
medication from mexico pharmacy mexico pharmacies prescription drugs or mexican drugstore online
http://www.killermovies.com/out/jump.php?domain=mexicopharmacy.win mexico drug stores pharmacies
pharmacies in mexico that ship to usa mexican drugstore online and buying prescription drugs in mexico online mexico drug stores pharmacies
The Real Person!
The Real Person!
india pharmacy pharmacy website india or п»їlegitimate online pharmacies india
https://webhosting-wmd.hr/index?URL=https://indiapharmacy.shop online shopping pharmacy india
reputable indian online pharmacy top online pharmacy india and india pharmacy mail order Online medicine order
The Real Person!
The Real Person!
cheapest online pharmacy india: п»їlegitimate online pharmacies india – indian pharmacy online
The Real Person!
The Real Person!
buy erectile dysfunction pills: Best ED meds online – order ed meds online
https://mexicopharmacy.win/# mexican rx online
The Real Person!
The Real Person!
https://indiapharmacy.shop/# indian pharmacies safe
The Real Person!
The Real Person!
cheap ed drugs affordable ed medication or buy ed pills
https://cse.google.be/url?sa=t&url=https://edpillpharmacy.store ed medicine online
ed med online cheap ed pills online and buy erectile dysfunction pills online where can i buy erectile dysfunction pills
The Real Person!
The Real Person!
buying prescription drugs in mexico: mexico pharmacy win – buying prescription drugs in mexico
The Real Person!
The Real Person!
best ed meds online: Cheap ED pills online – cheap ed
https://indiapharmacy.shop/# top 10 online pharmacy in india
The Real Person!
The Real Person!
ed meds cheap: Best ED meds online – buying ed pills online
http://edpillpharmacy.store/# top rated ed pills
buying from online mexican pharmacy mexican pharmacy buying prescription drugs in mexico
The Real Person!
The Real Person!
cheapest ed medication: ed pills online – low cost ed meds
The Real Person!
The Real Person!
https://indiapharmacy.shop/# best india pharmacy
The Real Person!
The Real Person!
india online pharmacy: Online pharmacy USA – top 10 online pharmacy in india
http://indiapharmacy.shop/# indian pharmacy online
The Real Person!
The Real Person!
online shopping pharmacy india: Online medicine home delivery – mail order pharmacy india
The Real Person!
The Real Person!
erectile dysfunction pills for sale buy ed pills online or online ed medications
http://images.google.com.na/url?q=https://edpillpharmacy.store ed online prescription
ed pills cheap discount ed meds and best ed pills online ed meds on line
The Real Person!
The Real Person!
cheap ed medicine: Best ED pills non prescription – ed meds on line
The Real Person!
The Real Person!
pharmacies in mexico that ship to usa: Best online Mexican pharmacy – reputable mexican pharmacies online
https://edpillpharmacy.store/# erectile dysfunction online
cheap ed pills online Cheap ED pills online ed meds cheap
The Real Person!
The Real Person!
reputable mexican pharmacies online: Purple pharmacy online ordering – mexican rx online
The Real Person!
The Real Person!
erectile dysfunction meds online ed rx online or best ed meds online
http://www.kgs-st-joachim.de/go.php?link=http://edpillpharmacy.store ed prescription online
online ed drugs erectile dysfunction drugs online and best online ed medication buying ed pills online
The Real Person!
The Real Person!
https://edpillpharmacy.store/# ed med online
The Real Person!
The Real Person!
buying erectile dysfunction pills online: Cheap ED pills online – buy erectile dysfunction pills online
The Real Person!
The Real Person!
mexico pharmacy: mexico pharmacy win – medication from mexico pharmacy
http://indiapharmacy.shop/# top online pharmacy india
mail order pharmacy india Top online pharmacy in India indian pharmacy
The Real Person!
The Real Person!
top 10 pharmacies in india: Indian pharmacy online – buy medicines online in india
The Real Person!
The Real Person!
https://indiapharmacy.shop/# reputable indian online pharmacy
The Real Person!
The Real Person!
erectile dysfunction online prescription: Cheap ED pills online – how to get ed meds online
The Real Person!
The Real Person!
buy ed pills: Cheapest online ED treatment – ed doctor online
https://indiapharmacy.shop/# best online pharmacy india
buy medicines online in india Online pharmacy indianpharmacy com
The Real Person!
The Real Person!
http://mexicopharmacy.win/# mexico drug stores pharmacies
The Real Person!
The Real Person!
medicine in mexico pharmacies: Mexico pharmacy online – buying prescription drugs in mexico online
The Real Person!
The Real Person!
mexican pharmaceuticals online: Purple pharmacy online ordering – best online pharmacies in mexico
The Real Person!
The Real Person!
https://indiapharmacy.shop/# п»їlegitimate online pharmacies india
The Real Person!
The Real Person!
buy medicines online in india: Online pharmacy – buy prescription drugs from india
https://edpillpharmacy.store/# order ed meds online
mexican drugstore online Certified Mexican pharmacy buying from online mexican pharmacy
The Real Person!
The Real Person!
online ed meds: online ed prescription same-day – ed medication online
The Real Person!
The Real Person!
buying prescription drugs in mexico: Certified Mexican pharmacy – medication from mexico pharmacy
The Real Person!
The Real Person!
purple pharmacy mexico price list: mexico pharmacy win – mexican pharmaceuticals online
http://mexicopharmacy.win/# mexico pharmacy
mexican mail order pharmacies mexico pharmacies prescription drugs mexico drug stores pharmacies
The Real Person!
The Real Person!
п»їbest mexican online pharmacies: Best pharmacy in Mexico – purple pharmacy mexico price list
The Real Person!
The Real Person!
buying prescription drugs in mexico online: Purple pharmacy online ordering – mexican mail order pharmacies
The Real Person!
The Real Person!
buy cytotec pills https://furosemide.win/# lasix 20 mg
lasix dosage
The Real Person!
The Real Person!
lasix: furosemide online – furosemida
The Real Person!
The Real Person!
http://lipitor.guru/# lipitor medicine price
The Real Person!
The Real Person!
buy cytotec pills: buy cytotec online – buy misoprostol over the counter
The Real Person!
The Real Person!
buy cytotec online https://tamoxifen.bid/# nolvadex steroids
lasix generic name
The Real Person!
The Real Person!
https://tamoxifen.bid/# does tamoxifen cause menopause
The Real Person!
The Real Person!
liptor: Lipitor 10 mg price – lipitor generic
https://lipitor.guru/# lipitor prices australia
pct nolvadex tamoxifen citrate tamoxifenworld
The Real Person!
The Real Person!
tamoxifen blood clots: Purchase Nolvadex Online – alternatives to tamoxifen
The Real Person!
The Real Person!
buy cytotec pills online cheap Misoprostol price in pharmacy Abortion pills online
The Real Person!
The Real Person!
buy cytotec pills online cheap https://cytotec.pro/# buy cytotec in usa
lasix 40 mg
The Real Person!
The Real Person!
Misoprostol 200 mg buy online buy misoprostol over the counter or buy cytotec pills online cheap
http://buttonspace.com/for/cytotec.pro buy cytotec over the counter
buy misoprostol over the counter cytotec pills buy online and order cytotec online buy cytotec online fast delivery
The Real Person!
The Real Person!
https://furosemide.win/# lasix generic name
The Real Person!
The Real Person!
buy cytotec: buy misoprostol tablet – Cytotec 200mcg price
https://cytotec.pro/# buy cytotec in usa
lisinopril 5mg Buy Lisinopril 20 mg online lisinopril 40 mg price
The Real Person!
The Real Person!
order cytotec online https://cytotec.pro/# purchase cytotec
lasix tablet
The Real Person!
The Real Person!
lipitor 20 mg tablet price lipitor generic online pharmacy or lipitor generic price comparison
https://www.google.so/url?q=https://lipitor.guru lipitor 20 mg daily
cheap lipitor online lipitor 80 mg tablet and lipitor 10mg price australia lipitor prescription
The Real Person!
The Real Person!
buy misoprostol over the counter Cytotec 200mcg price or <a href=" http://worldconnx.net/phpinfo.php?a=cialis+generika “>buy cytotec in usa
https://www.google.com.ng/url?q=https://cytotec.pro buy cytotec in usa
cytotec online buy cytotec online fast delivery and buy misoprostol over the counter cytotec abortion pill
The Real Person!
The Real Person!
lisinopril from canada: Lisinopril online prescription – lisinopril 20 mg prices
The Real Person!
The Real Person!
https://lipitor.guru/# lipitor prices
The Real Person!
The Real Person!
п»їcytotec pills online http://lipitor.guru/# buy lipitor cheap
lasix
The Real Person!
The Real Person!
Cytotec 200mcg price buy cytotec online cytotec pills buy online
The Real Person!
The Real Person!
generic for prinivil: Lisinopril refill online – lisinopril 5mg pill
http://lisinopril.guru/# lisinopril tablets uk
buy lipitor 10 mg buy lipitor 20mg lipitor 40 mg generic price
The Real Person!
The Real Person!
ordering lisinopril without a prescription: 3 lisinopril – lisinopril 200 mg
The Real Person!
The Real Person!
http://lisinopril.guru/# lisinopril 2019
The Real Person!
The Real Person!
lipitor 5mg: buy lipitor 20mg – buy generic lipitor canada
The Real Person!
The Real Person!
buy cytotec http://lisinopril.guru/# lisinopril over the counter
lasix 40mg
The Real Person!
The Real Person!
buy furosemide online: cheap lasix – furosemida
The Real Person!
The Real Person!
tamoxifen hot flashes: Purchase Nolvadex Online – tamoxifen joint pain
https://lipitor.guru/# buy lipitor with mastercard
tamoxifen citrate buy tamoxifen citrate tamoxifen postmenopausal
The Real Person!
The Real Person!
https://furosemide.win/# lasix generic name
The Real Person!
The Real Person!
cytotec buy online usa: buy cytotec in usa – cytotec abortion pill
The Real Person!
The Real Person!
cytotec online https://lipitor.guru/# lipitor brand name cost
lasix for sale
The Real Person!
The Real Person!
cytotec online buy cytotec over the counter or cytotec online
https://www.google.com.vc/url?q=https://cytotec.pro cytotec online
=prince+mattress+(]cytotec online buy cytotec online fast delivery and buy misoprostol over the counter Cytotec 200mcg price
The Real Person!
The Real Person!
buy lasix online: furosemide online – lasix 40mg
The Real Person!
The Real Person!
lipitor generic cost: cheapest ace inhibitor – lipitor 20 mg where to buy
https://tamoxifen.bid/# tamoxifen benefits
furosemide 40mg cheap lasix lasix uses
The Real Person!
The Real Person!
cytotec abortion pill: cheapest cytotec – buy cytotec online
The Real Person!
The Real Person!
buy cytotec in usa http://furosemide.win/# lasix pills
generic lasix