The Ministry of Art, Culture, and the Creative Economy has indicated that it will launch an Intellectual Property (IP) Policy within the next four weeks.
The Minister, Hannatu Musa Musawa spoke whe she featured on Arise Tv on Monday, on the programme, Prime Time.
Musawa said the policicy which will revolutionize the protection and promotion of Nigeria’s creative industry is being developed in collaboration with the Ministry of Industry, Trade, and Investment.
“One of the things that we knew was very important was to set up a regulatory and legal framework. We didn’t have a proper policy framework that could protect or support people or creators within the sector, so, we are working on an Intellectual Property policy which is completely foundational and there is an inter-ministerial committee that has been set up for that purpose.
“The Minister of Industry, Trade, and Investment and I are driving that particular policy and hopefully, within the next three to four weeks, that should be done.
“We are working together with the Nigerian Economic Summit Group NESG and WIPO, the World Intellectual Property Organisation, to also come up with an updated version of our culture policy that will be in line with the yearnings and the nuances of today.
“We are committed to empowering our creatives and unlocking the full potential of our creative industry. This IP policy will be a major milestone in our journey towards becoming a global creative hub”, Minister Musawa stated.
Special Adviser on Media and publicity Nneka Ikem Anibeze in a statement pointed out that the policy, when finalized is expected to provide a robust framework for the protection of intellectual property rights, fostering a conducive environment for creativity and innovation to thrive.
“It will include clear guidelines for IP protection and enforcement, support for creatives to commercialize their work, support for collaboration between Nigerian and international creatives and fostering innovation and entrepreneurship.
“With international partnerships in place as cited in the ministry’s eight-point agenda, including collaborations with the World Intellectual Property Organisation, Nigeria is poised to become a leader in intellectual property protection.
The ministry, according to Musawa has also engaged with local stakeholders, including creatives, industry experts, and legal professionals, to ensure the policy meets the needs of the Nigerian creative community.
The launch of the IP policy is expected to have a significant impact on Nigeria’s creative industry, attracting investment, creating jobs, and promoting cultural exchange.