Connect with us

Broadcasting

Senate Passes Copyright Bill to Boost Creative Industry

Published

on

Kindly share this post

The Nigerian Senate has passed the Bill for an Act to Repeal the Copyright Act, Cap C28 LFN, 2004 and Enact the Copyright Act to Provide for the Regulation, Protection and Administration of Copyright; and for Related Matters, as amended.

 

Senate President, Dr. Ahmed Ibrahim Lawal, CON, sitting as Chairman of the Committee of the Whole, emphasised the importance of the Copyright Bill to the development of the creative industries and sustainable wealth creation in the national economy.

He took the distinguished members carefully through the 107 clauses of the Bill and its schedule, leading eventually to its passage.

The Bill, which was laid before the Red Chamber by Senator Michael Opeyemi Bamidele, Chairman of the Committee on Judiciary, Human Rights and Legal Matters, was the outcome of the harmonisation carried out by the Senate Joint Committee on Trade and Investment; Judiciary, Human Rights and Legal Matters.

The Joint Committee had considered the Private Member Bill (SB 688) sponsored by Senator Mukhail A. Abiru (Lagos East Senatorial District) and the Executive Bill (SB 769) sponsored by the Senate Leader, Senator Yahaya Abubakar Abdullahi (Kebbi North Senatorial District), both of which were presented in 2021 to repeal the Copyright Act Cap C28, LFN, 2004 and to enact the Copyright Act, and for matters connected therewith.

Presenting the Report of the Joint Committee, Senator Bamidele explained that the Bill sought to provide for a holistic review of the policy and legal framework for the effective regulation, protection and administration of copyright in Nigeria in line with global best practices.

In his words: “The overriding intents and purports of the Bill are to ensure that the Nigerian Copyright Commission, which is the statutory agency of Government saddled with the responsibilities for the promotion of the use of the copyright system, as a tool for advancing the growth of the creative industry in Nigeria, is properly repositioned and strengthened in order to harness the potentials of creativity for national development, particularly in today’s digital environment.”

Commenting further, Senator Bamidele stated that the four cardinal objectives of the Bill include: (a) strengthen the copyright regime in Nigeria to enhance the competitiveness of its creative industries in a digital and knowledge-based global economy; (b) effectively protect the rights of authors to ensure just rewards and recognition for their intellectual efforts while also providing appropriate limitations and exceptions to guarantee access to creative works; encourage cultural interchange and advance public welfare; (c) facilitate Nigeria’s compliance with obligations arising from relevant international copyright treaties; and (d) enhance the capacity of the Nigerian Copyright Commission for effective administration and enforcement of the provisions of the Copyright Act.

While urging the distinguished senators to favourably consider the Bill, Senator Bamidele lamented that due to the inability of successive governments to update the copyright law in Nigeria, many businesses had disappeared and many creative experts in Nigeria were deprived of their legitimate rights to earn a living from their creative works.

He also noted the adverse consequences of the weak administrative and legal framework, low criminal sanctions, inadequate pre-emptive provisions and the huge scale of copyright piracy and other copyright abuses.

He, therefore, expressed optimism that the Bill would meet the expectations of stakeholders to streamline Nigerian copyright law with current realities and make room for more effective regulation, promotion and protection of the copyright of Nigerians.

Speaking after the passage of the Bill, the Senate Leader, Senator Yahaya Abubakar Abdullahi congratulated the two Committees that worked on the Bill for work well done in harmonising the Private Member Bill and the Executive Bill to produce an excellent outcome.

Reacting, the Director-General of the Nigerian Copyright Commission, (NCC), Dr. John O. Asein, who was at the Senate to observe proceedings, described the passage of the Bill as a watershed in the development of copyright law in Nigeria, describing it as the first successful legislative intervention in the field of intellectual property under a democratic regime.

He expressed appreciation to the leadership of the Senate and the distinguished senators for the commitment demonstrated throughout the legislative process to complement the efforts of Government to overhaul the copyright system. Dr. Asein also thanked stakeholders in the copyright industries for their resilience and support for the reform process.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Broadcasting

Leveraging Food Tech to Elevate Lagos Dining Experience

Published

on

Kindly share this post

By Diana Tenebe, Chief Operating Officer, FoodStuff Store

Lagos, Nigeria, is a vibrant city with a diverse restaurant scene reflecting its dynamic energy. From trendy cafes to bustling street food stalls, Lagos offers a culinary adventure featuring over 3,000 restaurants showcasing a delicious fusion of Nigerian cuisine and international flavors. Victoria Island, renowned for its luxury hotels and fine-dining establishments, boasts sophisticated ambiances and world-class cuisine, serving everything from modern Nigerian fare to delectable international delights.

However, despite promises of exceptional dining experiences, some Lagos restaurants and hotels have faced criticism for charging premium prices for meals that fall short in quality. Customer reviews frequently cite the use of low-quality ingredients, leading to dissatisfaction with the value proposition.

Inconsistent food quality remains a persistent challenge for Lagos’s dining scene. A potential solution lies in partnering with food tech companies. These companies can ensure a consistent supply of high-quality produce, allowing restaurants and hotels to elevate the overall dining experience in Lagos. This not only benefits diners but also fosters a more vibrant culinary scene.

Food tech companies create a more efficient and transparent food system by connecting restaurants directly with local farmers. This guarantees access to fresh produce, supports sustainable practices, and empowers restaurants to create exceptional culinary experiences showcasing the best of Nigerian cuisine alongside international flavors. By leveraging food tech companies, farmers can gain access to a wider market and fairer prices, while restaurants and hotels receive fresh, high-quality ingredients consistently. Ultimately, this translates to better quality meals and satisfied customers.

A food tech company like Foodstuff Store provides the right technology platform to streamline the process, making it easier for restaurants and hotels to order and receive the ingredients they need. This ensures efficiency and reduces food waste. Foodstuff Store’s partnership with local farmers could be a positive step forward for restaurants and hotels in Lagos. Their innovative approach has the potential to create a more sustainable and enjoyable food system.

By embracing technology and forging strong partnerships with food tech companies, Lagos’s restaurants and hotels can consistently deliver the exceptional dining experiences the city promises. This will solidify Lagos’s reputation as a must-visit destination for food enthusiasts around the world.

 


Kindly share this post
Continue Reading

Broadcasting

Fashion Takes Centre Stage on Glo-sponsored CNN African Voices

Published

on

Kindly share this post

African Voices, the 30-minute programme of the Cable News Network (CNN), this week profiles two Nigerian fashion icons making waves across the globe. African Voices Changemakers is sponsored by telecommunications services provider, Globacom.

The guests are Andrea Iyamah, a Nigerian-Canadian fashion designer and Ruth Erikan James, whose brand name is known as Veekee James.

Born on March 18, 1993 and raised in Lagos, Nigeria, Andrea Dumebi Iyamah is the founder and CEO of her fashion label, Andrea Iyamah. At 17, she launched her fashion brand which is headquartered in Toronto, Canada.

The fashion outfit which caters for top personalities including Michelle Obama, Kate Hudson, Gabrielle Union, Ciara, Issa Rae and Nigerian Nollywood star, Genevieve Nnaji.  is specialized in bridal, swimwear and ready-to-wear lines.

Andrea Iyamah has a flagship store in Lagos which was launched in 2017 and its bold swimwear blends African heritage with contemporary design.

Ruth Erikan James, on her part was trained by her fashion designer mum while growing up. She started her own fashion brand Veekee James in 2019. Veekee James later expanded to Veekee James Man, a fashion brand for men’s wear, and Shoprikan for women. Veekee James has grown over the years and is known for bespoke couture with her exquisite gowns known for their impeccable craftsmanship and red-carpet appeal.

The duo will engage viewers with their stories on Saturday at 8.30 a.m., while a repeat will be shown on Saturday at noon. On Sunday, there will be two repeats at 4.30 a.m., and at 7.00 p.m.

 


Kindly share this post
Continue Reading

Broadcasting

Aigboje Aig-Imoukhuede Honoured with African Banker Lifetime Achievement Award

Published

on

Kindly share this post

Coronation Group proudly congratulates its esteemed Chairman, Mr. Aigboje Aig-Imoukhuede, on receiving the coveted African Banker Lifetime Achievement Award. This prestigious accolade was presented at the African Banker Awards gala dinner and awards ceremony held in Nairobi Kenya on the sidelines of the African Development Bank’s annual meetings.

Mr. Aig-Imoukhuede’s illustrious career in banking and finance spans over three decades, marked by exceptional leadership and transformative accomplishments. As the Group Managing Director and Chief Executive Officer of Access Bank from 2002 to 2013, he led its transformation from a minor player into one of Nigeria’s top five banks, extending its presence to nine other African countries and the United Kingdom. With a vision to democratize wealth creation opportunities for millions in Africa, Aigboje established Coronation Group – a conglomerate encompassing most aspects of investing, lending, and insurance with presence in Nigeria and other African countries.

Speaking on the award, Mr. Aig-Imoukhuede said: “This award honours the collective efforts of over ten thousand talented individuals, mostly Africans whom I have had the privilege to work with throughout my journey. As professionals, recognition spurs us to attain greater levels of excellence.

“The African Banker Awards have been a testament to the potential of African banking and its pivotal role in driving the continent’s economic transformation. I am deeply humbled and motivated to continue contributing to Africa’s growth and development.”

Reflecting further on this honour, Mr. Aig-Imoukhuede stated, “I think the youth have taken over our financial system and I am gladdened by this. From a young age, I have had the opportunity to contribute to Africa’s financial markets in different ways and thankfully, most of my contributions have landed on the right side of the system.

“Today, I ask myself what this quest been about? It is simply this – to write our history and shape the future, we Africans must own our capital”.

In addition to this accolade, Mr. Aig-Imoukhuede’s leadership at Access Bank was previously recognized in 2013 when he received the ‘African Banker of the Year’ Award. His efforts have fostered the development of numerous fintech and finance leaders through the Access Bank Academy, highlighting his enduring legacy and the ‘multiplying effect’ vital for rapid sector transformation.

Mr. Aig-Imoukhuede’s impact extends beyond banking. As co-founder of the Tengen Family Office, he oversees a multibillion-dollar portfolio of investments in banking, finance, insurance, technology, real estate, and energy.

His philanthropic endeavours through the Aig-Imoukhuede Foundation and its subsidiaries focus on building Nigeria’s next generation of government leaders, transforming public sector effectiveness, and improving access to quality primary healthcare.

Wole Onasanya, MD/CEO Coronation Group, expressed his admiration, stating, “Mr. Aigboje’s leadership and vision have been instrumental in shaping the financial landscape of Africa.

“His commitment to excellence and innovation continues to inspire all of us at Coronation Group. We are immensely proud of his achievements and congratulate him on this well-deserved honour.”

Furthermore, Mr. Aig-Imoukhuede recently participated in the International Capital Market Association (ICMA) 56th Annual General Meeting and Conference.

His contributions at this global forum further underscore his influential presence in international financial markets and his dedication to fostering a robust and dynamic capital market environment.

The African Banker Awards, now in its 18th year, is a landmark event celebrating the achievements of institutions and individuals who have significantly contributed to the reform, modernization, and expansion of Africa’s banking and financial sector. With the support of the African Development Bank Group as the event’s Official Patron, the awards bring together key industry players and top government officials from around the globe to honour excellence and best practices in African banking and finance.

Mr. Aig-Imoukhuede’s contributions to sustainable business practices and financial market reform have been widely recognized. In 2012, as a member of Nigeria’s Bankers’ Committee, he led the voluntary adoption of the Nigerian Sustainable Banking Principles, an initiative that has been emulated globally. His role in the Presidential Committee on Fuel Subsidies led to saving Nigeria over $6 billion in fraudulent claims.

Coronation Group extends heartfelt congratulations to Mr. Aig-Imoukhuede on this remarkable recognition and celebrates his outstanding contributions to the financial sector and beyond. His vision and leadership continue to drive a prosperous future for Africa.


Kindly share this post
Continue Reading

Trending