The department performs the following functions:
- Evaluation of technology transfer agreements /contracts;
- Registration of technology transfer agreements entered into by Nigerian entrepreneurs with their foreign technical partners,
- Monitoring on a continuous basis the execution of any contract or agreement registered pursuant to NOTAP Act;
- Maintaining a register of technology transfer agreement/ contracts entered into by Nigerian entrepreneurs with their foreign technical partners which are submitted to and registered by the agency;
- Ensuring compliance with the terms and conditions of contracts and agreements having effect in Nigeria for Technology transfer;
- Provision of a more efficient process for the adaptation of foreign technology;
- Development of the negotiating skills of Nigerians with a view to ensuring the acquisition of best contractual terms and conditions by Nigerian parties entering into any contract or agreement for the transfer of foreign technology;
- Advising the Director General on global trends, policy options and strategies for effective administration of technology transfer in Nigeria.