The Minister of Art, Culture and Creative Economy, Hannatu Musawa, announced that Nigeria will unveil a new Intellectual Property (IP) Policy within the next four weeks.
Speaking during an interview on Arise TV’s ‘Prime Time,’ Musawa highlighted that the policy, developed in collaboration with the Ministry of Industry, Trade, and Investment, aims to transform the protection and promotion of Nigeria’s creative sector.
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Musawa emphasized, “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.”
Once finalized, the policy is expected to offer a comprehensive framework for intellectual property rights, creating a favorable environment for creativity and innovation. It will feature guidelines for IP protection and enforcement, support for the commercialization of creative works, and encourage collaboration between Nigerian and international creatives.
With partnerships already established, including with the World Intellectual Property Organisation, Nigeria is set to enhance its role in intellectual property protection. Musawa also mentioned that the Ministry has consulted with local stakeholders, including creatives, industry experts, and legal professionals, to ensure the policy addresses the needs of the Nigerian creative community.
The forthcoming IP policy is anticipated to significantly impact Nigeria’s creative industry by attracting investment, generating employment, and fostering cultural exchange.