Sales Contract for Nigeria

Sales Contract Template for Nigeria

This Sales Contract template is designed for use in Nigeria, incorporating requirements under Nigerian commercial law, including the Sale of Goods Act and Consumer Protection Council Act. It provides a comprehensive framework for documenting sales transactions between parties, whether for goods or commodities. The document includes essential provisions for price, payment terms, delivery, quality standards, and risk transfer, while ensuring compliance with local regulatory requirements and commercial practices. It can be customized for both business-to-business and business-to-consumer transactions, with specific considerations for Nigerian tax regulations and consumer protection laws.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Sales Contract

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Sales Contract?

This Sales Contract template serves as a fundamental legal instrument for documenting sales transactions in Nigeria. It is designed to be used when parties need to formalize the sale and purchase of goods or commodities, whether in a business-to-business or business-to-consumer context. The document incorporates key requirements under Nigerian law, including the Sale of Goods Act, Contract Law Act, and Consumer Protection Council Act. It provides essential provisions for protecting both seller and buyer interests, covering crucial aspects such as price, payment terms, delivery obligations, quality standards, warranties, and risk transfer. The template is adaptable to various industries and transaction types, while ensuring compliance with Nigerian commercial regulations, tax requirements, and consumer protection standards. It includes optional sections that can be customized based on specific transaction needs, such as international trade requirements or special warranty provisions.

What sections should be included in a Sales Contract?

1. Parties: Identification and details of the seller and buyer, including registration numbers for companies

2. Background: Context of the sale and relationship between parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Subject Matter of Sale: Detailed description of goods being sold

5. Price and Payment Terms: Purchase price, payment schedule, method of payment, and currency

6. Delivery Terms: Delivery schedule, location, method, and transfer of risk

7. Quality and Inspection: Quality standards, inspection procedures, and acceptance criteria

8. Title and Risk: Transfer of ownership and risk in the goods

9. Warranties and Representations: Warranties regarding goods quality, fitness for purpose, and legal compliance

10. Termination: Circumstances under which the contract can be terminated

11. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law

12. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Sales Contract?

1. Insurance: Insurance requirements when high-value goods are involved or specific risks need coverage

2. Intellectual Property: IP rights and protections when dealing with branded or proprietary goods

3. Confidentiality: Confidentiality obligations when sensitive information is shared

4. Export/Import Requirements: Specific clauses for international sales including customs and regulatory compliance

5. Force Majeure: Provisions for unforeseen circumstances preventing performance

6. Return and Refund Policy: Terms for returns and refunds, particularly important for retail sales

7. Installation and Training: Additional services related to complex equipment or machinery

What schedules should be included in a Sales Contract?

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods

2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, especially for multiple items

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations for multiple deliveries

4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures

5. Schedule 5 - Warranty Terms: Detailed warranty terms and procedures

6. Appendix A - Required Documentation: List of required certificates, permits, or other documentation

7. Appendix B - After-Sales Service Terms: Details of any after-sales service or maintenance provisions

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Nigeria

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Retail

Manufacturing

Consumer Goods

Industrial Equipment

Technology

Agriculture

Automotive

Construction

Electronics

Fashion and Textiles

Food and Beverage

Mining

Oil and Gas

Pharmaceuticals

Telecommunications

Relevant Teams

Legal

Commercial

Procurement

Sales

Operations

Finance

Compliance

Risk Management

Supply Chain

Business Development

Contract Administration

Relevant Roles

Legal Counsel

Commercial Director

Procurement Manager

Sales Manager

Contract Administrator

Business Development Manager

Operations Manager

Supply Chain Manager

Compliance Officer

Chief Financial Officer

General Manager

Managing Director

Risk Manager

Commercial Lawyer

Trading Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Business Agreement

A legally binding document under Nigerian law that establishes terms and conditions for business relationships between parties, ensuring compliance with local regulations and protecting all parties' interests.

find out more

House Rent Agreement Form

A Nigerian law-compliant agreement establishing terms and conditions for residential property rental between landlord and tenant.

find out more

Consignment Agreement Form

A Nigerian law-governed agreement establishing terms for consignment sales arrangements, detailing rights and obligations of consignor and consignee.

find out more

General Tenancy Agreement

A Nigerian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant, governed by the Recovery of Premises Act and state rent control laws.

find out more

Standard Form Contract

A standardized contract template compliant with Nigerian law, designed for repeated use in similar business transactions.

find out more

Money Agreement Between Two Parties

A Nigerian law-governed agreement establishing terms and conditions for a monetary loan between two parties, including loan amount, interest rates, and repayment terms.

find out more

Side Agreement

A supplementary contract under Nigerian law that modifies or adds to an existing agreement's terms while maintaining compliance with Nigerian legal requirements.

find out more

Mutual Agreement Between Two Parties

A bilateral agreement under Nigerian law establishing mutual rights and obligations between two parties, with comprehensive terms for business collaboration.

find out more

Incorporation Agreement

A Nigerian law-governed agreement establishing a new company's structure, shareholding, and governance framework under CAMA 2020.

find out more

Fixed Term Tenancy Agreement

A Nigerian law-governed agreement establishing terms and conditions for fixed-term property rental, defining rights and obligations of landlord and tenant.

find out more

Casual Worker Contract

A Nigerian law-compliant contract establishing terms and conditions for casual employment relationships with flexible working arrangements.

find out more

Boilerplate Agreement

A versatile Boilerplate Agreement template under Nigerian law, providing standardized terms for business relationships while ensuring compliance with local legal requirements.

find out more

Tooling Agreement

A Nigerian law-governed agreement establishing terms for industrial tooling equipment, including design, manufacture, use, maintenance, and ownership rights.

find out more

Representation Agreement

A Nigerian law-governed agreement establishing and regulating the relationship between a principal and their appointed representative, defining authority, terms, and obligations.

find out more

Notary Rent Agreement

A legally authenticated rental agreement under Nigerian law, executed before a Notary Public, establishing terms and conditions for property rental.

find out more

Land Agreement Between Two Parties

A Nigerian law-governed agreement for land transfer between two parties, ensuring compliance with the Land Use Act and state regulations.

find out more

Contract Agreement Between Two Parties

A standard Nigerian law-compliant contract agreement template for establishing legal relationships between two parties, incorporating all essential elements required under Nigerian contract law.

find out more

Common Terms Agreement

A Nigerian-law governed agreement establishing standard terms for syndicated lending transactions, harmonizing multiple facility agreements under one master document.

find out more

Buyer Agency Agreement

A Nigerian law-governed agreement establishing the terms and conditions under which a real estate agent represents a buyer in property transactions.

find out more

Contra Agreement

A Nigerian law-governed agreement establishing terms and conditions between a service provider and recipient, defining service scope, obligations, and mutual responsibilities.

find out more

Security Agreement Form

A Nigerian law-governed agreement creating and evidencing security interests over assets, establishing rights and obligations between security provider and holder.

find out more

House Construction Agreement Between Owner Contractor

A Nigerian law-governed agreement between property owner and contractor for residential house construction, defining work scope, terms, and obligations.

find out more

Lodger Agreement

A Nigerian law-governed agreement establishing terms for a lodger's occupation of a room in an owner-occupied property.

find out more

Head Of Terms Agreement

A preliminary agreement under Nigerian law outlining key commercial and legal terms for a proposed transaction or business arrangement.

find out more

Professional Services Retainer Agreement

A Nigerian law-governed agreement establishing terms for ongoing professional services provided on a retainer basis.

find out more

Supply Contract Form

A Nigerian law-governed contract template establishing terms and conditions for the supply of goods between commercial parties.

find out more

Business Contract

A Nigerian business contract template for commercial relationships, compliant with CAMA 2020 and Nigerian commercial law.

find out more

Bike Sale Agreement

A Nigerian law-governed agreement for the sale and purchase of a bike, ensuring legal compliance and protecting both parties' interests.

find out more

Umbrella Agreement

A Nigerian law-governed master agreement establishing framework terms for future specific agreements between parties.

find out more

Share Purchase Agreement

A Nigerian law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company, including price, warranties, and completion requirements.

find out more

Work Contract

A Nigerian law-governed employment agreement establishing terms and conditions between employer and employee, ensuring compliance with local labor legislation.

find out more

Volunteer Contract

A Nigerian law-governed agreement establishing the terms and conditions of a voluntary service relationship between an organization and a volunteer.

find out more

Voluntary Service Agreement

A Nigerian law-governed agreement establishing the terms and conditions between an organization and a volunteer, outlining responsibilities and protections for both parties.

find out more

Virtual Assistant Contract

A Nigerian law-governed agreement establishing terms and conditions for virtual assistant services, including scope, compensation, and compliance requirements.

find out more

Vendor Services Agreement

Nigerian law-governed agreement defining terms and conditions for vendor service provision, including scope, payment, and performance standards.

find out more

Vendor Contract

A Nigerian law-governed agreement establishing terms and conditions between a customer and vendor for the supply of goods/services.

find out more

Vending Machine Agreement

A Nigerian law agreement governing the installation and operation of vending machines, including revenue sharing and operational requirements.

find out more

Vehicle Agreement Between Two Parties

A legally binding vehicle sale and purchase agreement between two parties under Nigerian law, documenting transfer terms and ownership rights.

find out more

Trust Contract

A Nigerian law-governed document establishing a trust arrangement between settlor, trustees, and beneficiaries, defining asset management and distribution terms.

find out more

Tripartite Contract

A Nigerian law-governed tripartite contract establishing legal relationships and obligations between three parties in a commercial arrangement.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now