Nigeria and WIPO Collaborate on Intellectual Property Growth

The Nigerian government, represented by Vice President Kashim Shettima, is deepening its collaboration with the World Intellectual Property Organization (WIPO) to convert the nation's intellectual property into tangible financial assets. This initiative aims to commercialize research from Nigerian universities and strengthen the creative economy.

During a meeting in Abuja, Shettima highlighted the significance of building a comprehensive intellectual property system that serves various stakeholders, including inventors, investors, and entrepreneurs. WIPO's Director General, Daren Tang, noted that this visit marks the first time WIPO is opening an office in Abuja, the first in sub-Saharan Africa.

The Nigerian government has approved a national intellectual property policy strategy, which will provide a framework for the development, protection, and commercialization of intellectual property. Shettima expressed optimism about the future of Nigeria's creative and innovative sectors, which are increasingly driving the economy, and reaffirmed the country's commitment to innovation diplomacy.