An Inter-Ministerial Steering Committee to review the Intellectual Property Policy and Strategy Draft for Nigeria has been inaugurated by the federal government.
At the inauguration ceremony, which took place at the Ministry of Industry, Trade and Investment on Thursday, the Minister, Dr. Doris Uzoka -Anite said that the committee’s task is to review the draft policy and strategy, ensuring it aligns with global best practices and addresses Nigeria’s unique needs.
Dr Uzoka -Anite who will also serve as the Chairman of the inter-ministerial committee emphasised the importance of intellectual property rights in driving innovation, economic growth, and societal progress.
She said, “The development of a robust and forward-looking IP policy and strategy is a key priority for our government. In today’s knowledge-driven global economy, intellectual property rights are crucial drivers of innovation, economic growth, and societal progress. An effective IP framework empowers our entrepreneurs, inventors, artists, and businesses to reap the full rewards of their creativity and ingenuity.
“It is therefore imperative that we get this policy right – one that resonates with global best practices, while also addressing the unique needs and aspirations of the Nigerian people. This is where your role as members of this esteemed committee becomes invaluable.”
In her response, the Minister of Art, Culture and the Creative Economy Barrister Hannatu Musa Musawa who is the Co-Chairman of the committee said that the Intellectual Property Policy and Strategy Document was not only foundational but essential to bringing in investors to the country.
“One of the very important things for us in the Ministry of Art, Culture and the Creative Economy is to put in place a regulatory and legal framework of which the Intellectual Property Policy is topmost. Without this policy in place, we cannot do anything. It will also be difficult for investors to come as the IP policy will give legal backing to their investments,” she said.
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