Nigerian Copyrights Commission (NCC) revealed that Nigeria loses N918trillion ($3billion) yearly to piracy’s.
The Commission Director General Mr John Asein, said these why speaking at the 2019 World Intellectual Property Day held in Abuja on Friday.
Asein, who was represented by Abdul TerKohol, the Director, Legal Services, appeal to Nigerian government to provide adequate measure, such as responsive and functional legal frameworks for the protection and enforcement of sporting and associated industries rights.
He stress that with the advent of new technologies, the activities of sport-related copyright had become more discouraging.
He said: “Thousands of websites that illegally stream sporting and entertainment content in real time threaten the copyright in content.
“For full potential of the sporting and associated industries to be realised, countries must put in place adequate, responsive and effective legal frameworks for the protection, administration and enforcement of rights.
“The intellectual property system, especially copyright, offers a practical and effective mechanism for achieving this.”
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