Protecting intellectual property in Nigeria is essential for businesses and individuals to maintain their competitive edge and safeguard their valuable assets. While the country has made significant progress in establishing a comprehensive IP legal framework, challenges still exist. It is crucial for businesses to stay informed about the latest legal developments, register and monitor their IP rights, and utilize available enforcement mechanisms when necessary. By taking these steps, businesses and individuals can better protect their IP assets and contribute to Nigeria's economic growth and development.
Despite the evolving IP legal framework in Nigeria, several risks still exist. Some of the most common risks include: