NEWS AGENCY OF NIGERIA
NUC approves 21 academic programmes for UNIPORT

NUC approves 21 academic programmes for UNIPORT

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By Desmond Ejibas

The National Universities Commission (NUC) has approved 21 academic programmes for the University of Port Harcourt (UNIPORT) following a rigorous accreditation exercise conducted across universities nationwide.

The Vice Chancellor of UNIPORT, Prof. Owunari Georgewill, announced this development to journalists in Port Harcourt on Wednesday.

He stated that the NUC’s approval marked a significance milestone for both the management and students of the university.

“Out of the 22 academic programmes presented to the NUC for evaluation, 21 received full accreditation status, while one was granted interim accreditation.

“This reflects a 100 per cent success rate in UNIPORT’s October/November 2024 accreditation exercise conducted by the NUC,” he explained.

Georgewill, who did not mention the newly accredited courses, attributed the achievement to the dedication, resilience, and unwavering commitment of the university’s management to delivering quality education.

He commended members of staff and other stakeholders for their commitment towards the realisation of the institution’s academic objectives.

“This 100 per cent success is a testament to the tireless efforts of every member of the UNIPORT community.

“The positive outcome is the result of strategic planning, teamwork, and a collective vision for academic excellence,” he added.

The vice chancellor further noted that this accomplishment reinforced the university’s standing as one of Nigeria’s leading institutions for advanced learning and research. (NAN)(www.nannews.ng)

Edited by Jane-Frances Oraka

Naira strengthens further against Dollar

Naira strengthens further against Dollar

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By Grace Alegba
The Naira continued its upward trend on Wednesday, appreciating further at the official market and closing at N1,596.70 to the U.S. dollar.

According to data released on the Central Bank of Nigeria’s official website, the local currency gained N3.33 against the dollar.

This improvement represents a 0.21 per cent appreciation compared to the rate of N1,600.03 per dollar recorded at the close of trading on Tuesday.

The Naira had already shown signs of resilience earlier in the week, gaining 0.02 per cent on Tuesday against the dollar.

Analysts attribute the recent strengthening of the Naira to improved foreign exchange liquidity and sustained interventions by CBN.

Market observers also note that increased confidence in monetary policy reforms may be contributing to the currency’s steady performance in recent days.

In spite of ongoing economic challenges, the recent movements suggest cautious optimism among traders and investors watching the foreign exchange market.

The Naira’s performance this week is being closely monitored as the country continues efforts to stabilise its economy and attract foreign investment. (NAN) (www.nannews.ng)

Edited by Kamal Tayo Oropo
Be mindful of unintended consequences of high interest rates, Reps tell CBN

Be mindful of unintended consequences of high interest rates, Reps tell CBN

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By EricJames Ochigbo

The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of high interest rates aimed at curbing inflation in the country.

Chairman of the committee, Rep. Gboyega Isiaka (APC-Ogun), stated this on Wednesday in Abuja during a meeting with the Statistician-General of the Federation and Chief Executive Officer of National Bureau of Statistics, Mr Adeyemi Adeniran.

Nasiru said that the caution had become necessary as the CBN holds its 300th Monetary Policy Committee (MPC) meeting next week.

He said that there seemed to be a majority opinion that the current government had taken bold steps and pursued market-driven reforms that had been yielding results.

Nasiru acknowledged that the policy had yielded great results, as the economy was getting stabilised and confidence being restored.

He noted that Nigeria’s capital market had surged by about 100 per cent in the last two years, while CBN recorded the highest level of external reserves in over three years.

The lawmaker said that the apex bank was also reported to have recorded a profit of N38.8 billion, a remarkable turnaround from the N1.15 trillion loss recorded in 2023.

He, however, said that high interest rate had negatively impacted manufacturing, agriculture and small and medium enterprises (SME) sector, which are significant employers of labour.

“The Monetary Policy Rate (MPR) has been raised 10 times since January 2023 and currently standing at 27.5 per cent from 16.5 per cent in 2023, with the aim of curbing demand+pull inflation.

“However, it will appear that the effectiveness of this policy has been undermined by structural bottlenecks, supply chain inefficiencies etc.

“It is, therefore, our view that considering the current economic landscape, the monetary authorities, as they meet next week, should consider a more accommodative stance that also promotes growth and employment generation,” he said.

In his presentation, Adeniran said that the latest reference period published by the Bureau for Q2, 2024, reported an unemployment rate of 4.3 per cent, down from 5.3 per cent in the previous quarter.

He said that unemployment was more prevalent among females (5.1 per cent) than males (3.4 per cent) and was higher in urban areas (5.2 per cent) compared to rural areas (2.8 per cent).

Adeniran said young people faced a relatively higher unemployment rate of 6.5 per cent compared to the headline figure.

Additionally, he said that 12.5 per cent of youths were not in employment, education or training, with the rate higher among young females (14.3 per cent) compared to young males (10.9 per cent).

The statistician-general said that the Q3 and Q4 2024 reports were being finalised after which they would be disseminated to the public. (NAN)(www.nannews.ng)

Edited by ‘Wale Sadeeq

Oyo Govt approves N4.5 bn for 2024 Bodija explosion victims

Oyo Govt approves N4.5 bn for 2024 Bodija explosion victims

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By David Adeoye
The Oyo State Government has approved N4.5 billion as financial support to the survivors and victims of the Bodija explosion, which occurred on January 16, 2024.
The state’s Commissioner for Information and Civic Orientation, Prince Dotun Oyelade, in a statement, said the decision was taken at the executive council meeting held on Wednesday.
“This N4.5billion approved, is apart from the over N200 million that this government had expended on accommodation, feeding, hospital and security bills following the tragic incident,” Oyelade said.
Oyelade said the council has also approved the recommendation of the 10-man committee to revoke the title of the two properties, off Adeyi avenue, Bodija Ibadan, scene of the explosion.
The revocation, according to him, is in the overall interest of the public.
“The government will build a monument on the location of the revoked land in memory of victims of the tragedy.
“In addition, the council frowned at the spate of disinformation, half-truths and mischievous lies being peddled by persons purportedly representing residents of the explosion area on the role which the state government has played in the explosion saga.
“Council said such insinuations are unfair and mischievous and the government will not be discouraged in taking its time to do what is just for her citizens,” he said.
The commissioner further made it known that government will, through the Ministry of Justice, ensure effective prosecution of the suspects so far arraigned in court, in respect of the explosion.
He added that efforts were being intensified to apprehend other suspects linked to the case but were at large. (NAN)(www.nannews.ng)
Edited by Ifeyinwa Okonkwo and Yetunde Fatungase
Stock market gains N186bn on increased buying interest

Stock market gains N186bn on increased buying interest

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By Taiye Olayemi

The Nigerian Stock Market extended its positive trend, appreciating by N186 billion amid increased buying interest.

Market capitalisation rose by N186 billion or 0.27 per cent to close at N68.543 trillion, compared with N68.357 trillion on Tuesday.

Similarly, the All-Share Index (ASI) also increased by 296.72 points or 0.27 per cent, to settle at 109,059.33.

The uptrend was driven by strong buying interest in medium and large capitalised stocks such as McNichols Consolidated Plc, Northern Nigeria Flour Mills, Champion Breweries, Caverton Offshore Support Group and 30 other stocks.

Meanwhile, the market breadth also closed positive with 34 gainers and 24 losers.

On the gainers’ chart, McNichols Consolidated Plc increased by 10 per cent to close at N1.76 while Northern Nigeria Flour Mills also rose by 10 per cent, closing at N99.55 per share.

Champion Breweries soared by 9.91 per cent, settling at N6.10 and Caverton Offshore Support Group gained by 9.78 per cent, finishing at N4.04 per share.

Similarly, FTN Cocoa Processors grew by 9.65 per cent, closing at N2.50 per share

On the losers’ chart, Multiverse Mining fell by 9.63 per cent, settling at N9.85 while Legend Internet Plc dropped by 5.41 per cent to close at N8.40 per share.

Veritas Kapital Assurance shed by 4.76 per cent, finishing at N1 and Transcorp declined by 4.65 per cent, ending the session at N44.10 per share.

Also, Ikeja Hotel lost by 3.75 per cent, closing at N12.85 per share.

A total of 531.29 million shares worth N19.81 billion were exchanged across 14,870 transactions.

This is compared to 498.48 million shares worth N10.781 billion that was exchanged across 14,916 transactions earlier.

Transactions in the shares of Guaranty Trust Holding Company topped the activity chart with 53.27 million shares worth N3.68 billion.

Access Corporation followed with 51.90 million shares valued at N1.11 billion while Fidelity Bank transacted 40.55 million shares worth N834.83 million.

Nigerian Breweries traded 35.76 million shares valued at N1.94 billion and Zenith Bank sold 27.35 million shares worth N1.32 billion. (NAN)(www.nannews.ng)

Edited by Olawunmi Ashafa

Stakeholders push for cooperatives to tackle affordable housing in Nigeria

Stakeholders push for cooperatives to tackle affordable housing in Nigeria

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By Angela Atabo

Stakeholders have identified the cooperative society system as a viable solution for affordable housing in Nigeria.

This was highlighted at the Cooperative Housing Conference 2025 (CHC2025), with the theme “Delivering Affordable Housing through Cooperatives” and the sub-theme “Digitalisation of Cooperative Housing Finance,” in Abuja.

Sen. Aliyu Abdullahi, Minister of State for Agriculture and Food Security, stated that cooperatives had the potential to mobilise resources, promote entrepreneurship, and improve the livelihoods of millions of Nigerians.

Abdullahi, represented by Victor Oyegoke, his Special Assistant on Cooperatives and Farmers’ Welfare, noted that the conference’s goal was to promote the large-scale delivery of decent and affordable housing to Nigerians through cooperatives.

“As we strive to deliver affordable housing through cooperatives, we must recognise the importance of creating an enabling environment that supports the growth and development of cooperatives.

“The Federal Ministry of Agriculture and Food Security, where the Federal Department of Cooperatives that supervises and regulates the sector is domiciled, is committed to supporting cooperative development in Nigeria.

 “We recognise the critical role that cooperatives play in promoting agricultural development and improving the livelihoods of farmers,” he said.

Abdullahi urged stakeholders to work together to develop practical solutions to advance cooperative housing development in Nigeria.

Bola Ajomale, Commissioner of Operations at the Securities Exchange Commission (SEC), also spoke, emphasising that if more than 50 people pool their money into a collective scheme to generate a return, it fell under SEC’s purview.

 “We want to look at it and ensure that what they are doing is right.

“This is because we want transparency. We encourage the cooperative industry to consider joining the capital market so that people can see what you are doing.”

Ajomale also reassured investors, saying, “SEC is determined to protect investors, and we will take action against anyone running an organisation that lacks good governance or is not self-accounting.”

Akintoye Adeoye, President of the Real Estate Developers Association of Nigeria, urged Nigerians to leverage cooperative societies for homeownership.

“The cooperative system offers a promising solution to Nigeria’s housing challenges, enabling individuals to work together towards achieving affordable housing.

“The cheapest solution to affordable housing, food, and everything in this country today is the cooperative system,” he stated.

Dr Saheed Adelakun, Convener of the Cooperative Housing Conference and Founder of Nigeria Integrated Social Housing (NISH) Cooperative Limited, described cooperative housing as a form of self-help.

He explained that the conference would explore how cooperatives could catalyse the large-scale delivery of affordable housing.

“The strategic objective of the conference is to utilise cooperatives as special purpose vehicles for national economic development and delivering decent and affordable housing to Nigerians.

“We should also focus on creating digital platforms for aggregating savings, loans, payments, and finance for cooperative housing in Nigeria,” Adelakun stated.

Adelakun urged Nigerians to take advantage of the cooperatives and cooperators across the country to aggregate social capital and access finance and incentives provided by federal and state governments.

“The time is now for a digitally enabled Cooperative Housing Fund (CHF) to address the needs of Nigeria’s growing population,” he added. (NAN)(www.nannews.ng)

Edited by Abiemwense Moru

NAF celebrating 61 years of dedication, commitment to protecting Nigeria – Official

NAF celebrating 61 years of dedication, commitment to protecting Nigeria – Official

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By Sumaila Ogbaje

The Nigerian Air Force (NAF) says at 61, it is celebrating years of dedication to duty and unwavering commitment to protecting Nigeria’s sovereignty.

Air Commodore Sylvester Eyoma, Chairman, Organising Committee, NAF@61 Celebration/4th International Air Force Forum, said this in Abuja, while briefing newsmen on the activities lined up for the celebration.

Eyoma said that NAF had, in its more than its 61 years of existence, undergone significant transformation in its organisation, manning, and equipment holding.

He noted that the transformation had tremendously bolstered the capacity of the service to effectively deliver on its constitutional mandates.

According to him, NAF has been at the forefront of efforts to combat insurgency, terrorism, banditry, and other criminal acts across the nation.

“Through precision air strikes, coordinated operations, and advanced surveillance, we have recorded significant operational successes.

“These have contributed to weakening terrorists’ networks, disrupting their logistics, and supporting ongoing efforts of own troops and other security agencies in tackling the myriads of security challenges bedevilling our nation.

“Therefore, today, we are celebrating 61 years of dedication to duty and unwavering commitment to protecting Nigeria’s sovereignty,” he said.

Eyoma said the theme, “Optimising Civil-Military Relations in a Joint Operational Environment for Enhanced Air Operations” was in recognition of the citizenry as worthy partner in the efforts to secure the country.

He said that several activities had been lined up for the celebration, adding that some were already ongoing, starting with the Chief of the Air Staff’s Literary Competition, which was opened from between Feb. 10 and 22.

According to him, part of the anniversary events is the Open Day Visits and Career talks that have been held across NAF bases from May 1 and will terminate tomorrow (Tuesday).

He said this had provided rare opportunities for members of the public to visit NAF bases, interact with NAF personnel and get to know more about their air force.

Eyoma added that some Quick Impact Projects would be inaugurated across NAF operations theatre.

“One of the projects is a clinic that has been constructed in Rukubi Community in Doma Local Government Area of Nasarawa State, where some civilians lost their lives in January 2023, due to an unfortunate airstrike,” he said.

Eyoma disclosed that the Augusta 109S Trekker Helicopter would also be inducted by President Bola Tinubu at the 011 Presidential Air Fleet on Friday as part of the NAF@61 celebration.

He said that the anniversary celebration would transit to the 4th African Air Forces Forum, which according to him, will present an opportunity to build on the progress made so far in furtherance of regional security cooperation.

“It is intended to strengthen our collaborative efforts in employing advanced aerospace technologies to bolster our capacities to address national and regional security challenges.

“The theme of the Fourth African Air Forces Forum is: ‘Strengthening Collaborations in Advanced Aerospace Technologies for Enhanced National and Regional Security”.

“For this high-profile event, there will be a gathering of air force chiefs, defense experts, and industry leaders from across Africa and beyond to discuss advancements in air power and regional security cooperation.

“We are expecting more than 2,000 participants at the conference and exhibitions that are scheduled for May 22 and 23.

“They include 30 air forces and 12 chiefs of air staff, 45 exhibitors as well as major defence and aerospace players like Airbus, Embraer, Diamond Aircraft, HAVELSAN, Jet Aviation.

“Others are Starlite Aviation Group, Proforce and of course our own Defence Industries Corporation of Nigeria,” he said. (NAN)(www.nannews.ng)

Edited by Deborah Coker

AYuTe challenge: FG, Heifer push agritech solutions

AYuTe challenge: FG, Heifer push agritech solutions

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By Justina Auta/Nana Musa

The Federal Government and Heifer Nigeria, an international NGO, have called on young agritech innovators to leverage technology to transform and revolutionise Nigeria’s agricultural sector.

The call was made during the grand finale of the 2025 Agriculture, Youth and Technology (AYuTe) Nigeria Challenge, in Abuja.

Now in its fourth season, the AYuTe Challenge is an initiative of Heifer International aimed at empowering agritech innovators with skills, grants, resources, market access, and mentorship to transform Nigeria’s agricultural landscape.

Alhaji Idi Mukhtar-Maiha, Minister of Livestock Development, highlighted the vital role youth play in using innovative ideas and technology to drive social and economic development.

He disclosed that the National Livestock Growth Strategy, recently approved by the National Economic Council, aimed to grow the sector’s value from the current 32 billion dollars to 74 billion dollars by 2035.

“This growth will be driven by collaboration with the private sector, state governments, and local and international investors.

“The central driver of that strategy is youth involvement. What I’ve seen today at the AYuTe Challenge finale gives me hope and inspiration.

“These young minds are not seeking white-collar jobs but are venturing into agribusiness with innovative solutions for agriculture and livestock,” he said.

Also speaking, Mr Ayodele Olawande, Minister of Youth Development, stressed the need to empower youth to tackle food insecurity, which he said limited the potential of communities and hindered national progress.

Represented by Ms. Kehinde Awujoola, Special Assistant on Gender Affairs, Olawande said, “Let us work together to ignite a revolution in our agricultural sector, driven by the brilliance and determination of Nigerian youths.”

Dr Lekan Tobe, Country Director of Heifer International, noted that a total of 40,000 dollars in grants was awarded to the top three finalists from more than 1,000 applicants.

Tobe said the grants were aimed at supporting the winners in scaling their innovations and encouraged other youths to refine their ideas to become business owners and job creators.

“We want agriculture to evolve from subsistence to a technology-oriented, commercialised sector, with youth playing a central role,” he said.

Dr Michael Ojo, Country Director of the Global Alliance for Improved Nutrition (GAIN), urged the youth to develop innovative solutions that improve access to safe, nutritious, and affordable food, and help address malnutrition.

Similarly, Jafar Abubakar, Director-General of the Nigeria Agribusiness Group (NABG), described the AYuTe Challenge as an opportunity for young Nigerians to grow the economy, create jobs, and improve access to healthy food.

The News Agency of Nigeria (NAN) reports that Deborah Oigocho, founder of Erido Agro, a digital savings tool for smallholder farmers, emerged as the second runner-up and received a grant of 8,000 dollars.

Aisha Rilwanu-Sidi, founder of Grabb Livestock, a digital marketplace that uses AI-powered animal health verification to connect rural farmers to buyers, came in second and was awarded 12,000 dollars.

Seyi Alabi, co-founder of Crop2Cash, an innovative digital platform that empowers smallholder farmers through financial inclusion and agricultural education, emerged as the overall winner and received a 20,000 dollars grant.

Other activities at the event included panel discussions on the theme “NextGen Agritech: Leveraging Youth and Innovation to Power Nigeria’s Food System.”

The event also featured the presentation of awards and a documentary showcasing the impact of the AYuTe Nigeria Challenge. (NAN)(www.nannews.ng)

Edited by Abiemwense Moru

FCTA inaugurates lottery regulatory office, invites applications from operators

FCTA inaugurates lottery regulatory office, invites applications from operators

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By Okon Okon/Nana Musa

The Federal Capital Territory Administration (FCTA) has inaugurated the FCT Lottery Regulatory Office and called on lottery and gaming operators to submit applications for licenses to operate in the territory.

Director-General of the Office, Mr Lanre Gbajabiamila, disclosed this during a news conference on Wednesday in Abuja.

Gbajabiamila said that the establishment of the office followed a directive from the Minister of the FCT, Mr Nyesom Wike, aimed at ensuring proper regulation and oversight of the gaming sector within the territory.

He said that the directive was in line with the recent Supreme Court judgment which affirmed that the FCT administration had the legal authority to regulate lottery and gaming activities within its jurisdiction.

He assured stakeholders of a stable regulatory environment, adding that the office is committed to clarity, continuity, and global best practices in the sector.

According to him, the initiative was designed to harness the economic potential of the gaming industry, enhance its reputation, and strengthen internally generated revenue for the FCT.

Gbajabiamila outlined key priorities of the commission, which included collaborating with the Office of the FCT Minister and FCT Internal Revenue Service (FCT-IRS) for effective regulatory oversight and revenue remittance.

He said that establishing a robust and transparent regulatory framework and creating an enabling environment for investment and responsible gaming, ensuring fairness, investor confidence, and regulatory excellence were also part of its priorities.

The Director-General said that all existing licenses issued by the defunct National Lottery Regulatory Commission (NLRC) remained valid for their duration and would be recognised under the new FCT regulatory framework.

“All licensed operators will now operate under the FCT Lottery Regulatory Office (FCT-LRO) without disruption,” he said.

He urged stakeholders to engage constructively with the commission during the transition period.

Gbajabiamila also invited new investors and prospective operators to apply for FCT gaming licenses, promising a transparent and investor-friendly licensing process.

He said that the move had the full backing of the FCT Minister and was expected to contribute significantly to the territory’s economic development and governance standards.

“We appeal to all stakeholders for cooperation, compliance, and support as we work towards building a sustainable and inclusive gaming industry in the FCT,” he said.

Mr Michael Ango, Acting Executive Chairman, FCT-IRS, explained that the collaboration with the FCT Lottery Commission to regulate the gaming industry was aimed at enhancing revenue generation for the territory.

Ango said the initiative, which aligned with the vision of the FCT Minister, was to position Abuja as a global capital city.

“As we are all aware, Abuja is increasingly becoming a tourist destination for people from across the world.

“One of the key attractions of cities like Abuja is leisure, and we believe that the gaming industry holds immense potential in drawing investments into the FCT,” he said.

Ango said that the initiative would bring benefits to residents by creating jobs, stimulating economic activities, and boosting internally generated revenue.

“The collaboration is ultimately for the overall benefit of the people and residents of Abuja,” he said. (NAN)(www.nannews.ng)

Edited by Kadiri Abdulrahman

NCC DG seeks stakeholders’ cooperation to protect Nigeria’s digital space

NCC DG seeks stakeholders’ cooperation to protect Nigeria’s digital space

216 total views today
By Priscilla Osaje
Dr John Asein, Director-General, Nigerian Copyright Commission (NCC) has called on industry stakeholders to unite and protect Nigeria’s digital space against copyright infringement, criminality and economic sabotage.
Asein made the call in Abuja, at a meeting of stakeholders aimed at developing strategies and tools to address online copyright piracy in Nigeria.
The News Agency of Nigeria (NAN) reports that the initiative is part of the ‘Development Agenda Programme of the World Intellectual Property’ Organisation (WIPO).
The initiative links intellectual property with the broader goals of sustainable development in member states.
According to Asein, digital technologies have unlocked tremendous opportunities for the creative and innovation sector by the introduction of serious challenges of ‘online piracy’.
The NCC boss noted that sites continue to emerge rapidly with statistics indicating a 6.7 per cent in user visits.
“A significant percentage of these users are students aged between 18 and 24 with social media and messaging platforms becoming major gateways of accusing pirated contents.
“No industry is immune, the most affected sectors include television, 43. 6 per cent; publishing, 27.5 per cent; film, 12.9 per cent; music 7.0 per cent; and software, 6.2 per cent.
“Beyond mere statistics, the victims are no longer foreign right owners and many Nigerians in these sectors have also been bruised and creative enterprises ruined,” he said.
Asein further said that online piracy threatened the livelihoods of individual creator, businesses, and linked to other financial crimes, internet fraud, national security threats and other serious criminal activities.
He said the users might be enticed by the promise of free content, behind the scenes and organised criminal networks driving these operations.
“This is why it is imperative to develop and deploy the right strategies and tools for effective management, protection, control and enforcement of copyright in the digital environment.
“Although this project is scheduled to run for 36 months, NCC is using the opportunity to boost its ongoing campaign against online piracy and the broader national strategy to protect Nigeria’s digital market and creative economy.
“The commission will give attention to public education and awareness, capacity building for officials, including judges and persecutors, investment on modern tools such as we crawlers to detect illegal content.
“Others are strong inter-agency collaboration for rapid response to complaints,
industry-led initiative to develop appropriate business solutions and sustained enforcement through timely takedowns and effective site-blocking,” he added.
The NCC DG said Nigeria has a modern Copyright Act that enabled the takedown of infringing materials and blocking of offending websites.
According to him, the act provides for the use of technological protection measures and to support the application of digital rights management systems with safeguards to maintain their integrity.
“These provisions underscore the need for inter-agency cooperation, stakeholder vigilance and active citizen participation.
“Experiences from other regions have shown that collaboration, particularly through site and intellectual property blocking, could reduce online piracy by 70-90 per cent.
“In the long run, this approach is more cost-effective and sustainable, especially when it is well-coordinated, inclusive and consistent,” he noted.
Asein urged stakeholders, government agencies, ISPs, telecom operators and industry leaders to stand together as frontline enforcement partners to protect Nigeria’s creative industries and digital future.
He called on stakeholders to stand against criminality, economic sabotage, copyright theft and essential threat facing Nigeria’s creative economy and millions of livelihoods it sustained.
Also speaking, Dr Tobias Bednarz of WIPO said the three-year-long project had a few countries who wanted to participate in it but only four countries, Ghana, Kenya, Nigeria, and South Africa were chosen.
According to him, they have a substantial budget of 500,000 francs for these three years, and the idea is to fulfill some of the developments and the recommendations.

“Africa has a very vibrant cultural industry but because of the levels of online piracy that we are seeing across the continent, it is difficult for copyright in the digital environment to fulfil the benefits that it holds.

 “So, to take full advantage of the digital economy, we really need to do something to stop online piracy.
“The objective of our project is to assist the country in addressing online copyright enforcement more effectively than they have done in the past and we hope to have specific outcomes.
“This year, we are able to enhance the legislative and infrastructural frameworks in those four countries to better address online copyright infringement,” he said.
Bednarz said that WIPO aimed to improve the skills and knowledge of people who will then run such tools as the IP offices, the telecommunication agencies, law enforcement, and other officials in relation to online copyright enforcement.
Mr Micheal Akpan, an IP expert, said that sometimes piracy would have some kind of cultural elements that depended on environmental influence.
Akpan, the Project National Consultant, who spoke on the ‘Online Copyright Piracy in Nigeria, Trend and Challenges of Control’, emphasised on the trends of online piracy in Nigeria.
He said that piracy was a global phenomenon with far-reaching consequences that posed significant threats to the creative sector and also undermined the national economy.
According to him, piracy in Nigeria predates the digital age because before now, piracy took traditional forms, such as copying, and distributing creative contents through paper-based works like books, CDs and DVDs.

“In the online environment, it has become more disruptive because of the architecture of the internet, which trans-border affords unique opportunities for people to distribute and access contents.

“Due to its anonymity of use, some elements can hide behind pseudonyms to perpetrate evil of piracy, so the internet environment has scaled up the destructive nature of piracy.

“The economic rights of creators are defined in a way that they are equally applicable in the online environment such as copy of work which includes digital copies.

“NCC has created new rights of making communication available to the public neither by wire or wireless means.

“NCC pays directly to block or disable access to any content, link, website hosted on a system or network, which it reasonably believes to infringe copyright under the act,” he said.

He added that NCC, without order from court, would be able to implement, without obtaining a preliminary order of the court, to block any online piracy, which is unique to the commission.

“Creators are unable to access funding for production because of the fear that any funds advanced or low-facility advanced to creators might be affected.

“This is the challenge Nigeria is having in recent times that also affects the capacity to collaterise creative works,” he added. (NAN)(www.nannews.ng)

Edited by Ifeyinwa Okonkwo/Mark Longyen
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