About IPR

How missed ‘red flags’ helped Nigerian fraud ring ‘Scattered Canary’ bilk Washington’s unemployment system amid coronavirus chaos...Read More

Easy money: How international scam artists pulled off an epic theft of Covid benefits Russian mobsters, Chinese hackers and Nigerian scammers have used stolen identities to plunder tens of billions of dollars in pandemic aid, officials say...Read More

NAFDAC confiscates N60m fake cosmetics from Lagos warehouse...Read More

I’m a victim of envy —34-year-old arrested for producing alcoholic drinks with fake NAFDAC number...Read More

How expired malaria drug caused death of West Africa Idol star Eric Arubayi...Read More

Plastic rice' seized in Nigeria

Stagnant development in Africa is as a result of not having a robust digital network platform that will aid the implementation of AFCFTA, and in turns, create jobs, enable trade and development, and stimulate the African economy. The African Continental Free Trade Area (AfCFTA) presents a major opportunity for African countries to bring 30 million people out of extreme poverty and to raise the incomes of 68 million others who live on less than $5.50 per day...Read More

Poverty and inequality in Africa are pervasive. Much of this outcome can be attributed to the historical legacy and current reality of African economies undergirded by trade regimes that are mainly dependent on producing and exporting low value products (and services), often subject to severe price fluctuation. Africa, with 17% of the world’s population, accounts for about 3% of world trade...Read More

The inability of government agencies to successfully implement PPP projects in Nigeria that will create jobs and services using Intellectual Property Rights (IPR) is due to lack of investments. PPP Projects in the Healthcare Sector in Nigeria is quite lacking as The Nigerian health sector is battling with poor infrastructure, poor equipment, poor funding and low staff capacity. For 2020, the Federal Government allocated just 4.14% (N427.3 billion) of the budget to healthcare, despite being a signatory to the Abuja Declaration since 2001, where countries pledged to allocate at least 15% of their annual budget to improve the health sector...Read More

The lack of adequate fiscal revenue to finance infrastructural development has however left the Nigerian economy grossly in deficit in this area. Nigeria's infrastructure deficit is estimated at $100 billion annually, which is 189.77% above the 2021 federal budget, projected at $34.51bn. With such a gap, the Nigerian government is incapable of addressing the country's infrastructure needs on its own...Read More

Financial loss in the entertainment industry in Nigeria due to IPR violations which includes copyright infringement and peer-driven piracy (downloads) by criminal’s results in reduced profits. According to PWC, piracy accounts for 7% of global trade, but Nigeria is home to 80% of pirated international CDs. Also, only an estimated 11% of Nigerian consumers pay for their music. The local music and entertainment industry loses out on revenues and deters foreign investments...Read More

The failure of Nigeria to put in place an effective mechanism for the protection and enforcement of IP rights violation is giving an indecent burial to creativity and innovation. The demise of creativity and innovation in itself leads to a complete erosion of cultural assets, gainful employment of youths and needed revenue for the government...Read More