Broadcasting
WIPO says Nigeria Yet to Explore Over $73tr Intellectual Revenue
The World Intellectual Property Organisation yesterday disclosed that Nigeria was yet to tap into over $73 trillion in intellectual revenue globally.
Olwatobiloba Moody, the director, WIPO Nigeria, made this known to journalists at the Intellectual Property Programme in partnership with the National Youths Service Corps and managed by Hutzpa Consulting and Innovation Lab in Abuja.
Moody noted that Nigeria was losing financially because of its inability to capture intellectual property, hence the need to train youths especially corps members in IP in the FCT to help boost the country’s economy.
He said “Nigeria is losing because there is a huge creation of wealth in the space of intangible assets which the country is not fully tapping into. This is because we are not capturing this wealth through intellectual property such as the value of patents, copyrights, etc.
“The value of intellectual property is constantly on the rise. Globally in 2021, the estimated value of intangible assets was worth 73 trillion dollars and, I do not think we are capturing one per cent yet we are contributing majorly to the trillions and we are losing a lot of money.
“We are happy to be able to pilot this programme with corps members. As an organization, we are very keen to work with young people and we design different programmes to target various sectors in the society in building awareness and capacity in intellectual property.”
The National Coordinator of the pilot programme, IP Skills, Acquisition, Learning, And Youth Entrepreneurship, Obichi Obiajunwa, said about 50 corps members in the FCT will be trained within three to four months in IP to enable them to identify challenges and create innovations using technological solutions.
Obiajunwa stated, “The corps members are the participants in this programme. About 50 of them would be trained between three and four months. We are going to get them exposed to the environment where they have been posted to enable them to create innovations to tackle challenges using technological solutions.
“At the end of the programme, it is hoped that they will create start-ups, businesses, and innovation-driven enterprises.
“We will be engaging stakeholders and bringing in investors to make this work. The NYSC members would be exposed to investors following their creation of technologies. We will guide and mentor them through this process.
“For the pilot phase, we are rooting it to corps members in Abuja and by next year, we will scale it up to other states.”
Broadcasting
Big Larry, Nollywood Actor is Dead
Big Larry, a popular Nollywood actor has been pronounced dead on Friday by Stanley Ontop, film producer
Details’ surrounding his sudden demise is yet to be known.
Big Larry’s death comes just a few weeks after the passing of another Nollywood actress, Sharon Okpamen, who died following childbirth.
Stanley Ontop his on Instagram wrote: “Breaking News: Nollywood actor Big Lary just passed away. Je nke Oma big. What caused his demise is yet to be ascertained. May your soul rest in peace Big Lary. Nollywood Asaba Mourns. Shalom!!!”
Fans and admirers of the late actor have flocked to the post’s comment section to pay tribute to him.
Broadcasting
CADEF Promotes Financial Inclusion for Persons with Disabilities @One-day Workshop
Consumer Advocacy & Empowerment Foundation (CADEF) hosted a one-day workshop on “Improving Access and Inclusion for Persons with Disabilities (PWDs) in Digital Financing” in Lagos.
The event brought together government officials, financial institutions, disability organizations, and experts to discuss strategies for enhancing financial inclusion for people with disabilities.
Speaking at the workshop, Safiu Babatunde, Head of Legal Services at the Lagos State Office for Disability Affairs, emphasized the importance of financial inclusion for people with disabilities.
He highlighted the challenges faced by individuals with disabilities in accessing traditional and digital financial services and called for innovative solutions to address these barriers.
“Disability related obstacles affect the participation of individuals at every stage of developmental interventions intended to boost livelihoods of people,” Babatunde said.
“Key among the resources essential for enhancing the livelihood of individuals is having access to financial resources for undertaking economic activities.”
He continued, “Unfortunately over the years, traditional banks do not seem to have served people with disability related obstacles.
“Persons with disability have limited access to financial services, including traditional and alternative banking, online payment services, and financial transactions as well as mobile banking applications.”
Babatunde emphasized the need for public-private partnerships to promote financial inclusion for people with disabilities.
“This partnership can bring together government agencies, financial institutions, and disability organizations to collaborate on developing and implementing initiatives that promote financial inclusion for these concerned populations,” he said.
Professor Chiso Ndukwe-Okafor, Executive Director of CADEF, underscored the organization’s commitment to advocating for the rights of marginalized groups.
She emphasized the need for inclusive financial products and services that cater to the specific needs of people with disabilities.
“CADEF has been empowering individuals with financial literacy, including those with disabilities.
“Our goal is to create inclusive financial systems that meet the needs of all Nigerians”, she said.
The Lagos State Office for Disability Affairs, LASODA, also called for increased public-private collaboration to address the financial barriers faced by PWDs.
General Manager of LASODA, Adenike Oyetunde-Lawal, emphasized the need for tailored financial products and accessible services.
Oyetunde-Lawal, who was represented by Mr. Safiu Babatunde, Head of the Legal Department, urged the banking sector to be more responsive to the needs of PWDs.
Participants discussed the challenges faced by people with disabilities in accessing financial services, such as limited awareness of available products, inaccessible ATMs and branches, and discriminatory practices.
They also explored potential solutions, including the development of accessible mobile banking applications, financial education programs in sign language and Braille, and partnerships with disability organizations.
At the conclusion of the workshop, participants agreed on the need for concerted efforts to improve financial inclusion for people with disabilities.
They pledged to work together to develop and implement practical solutions that will empower individuals with disabilities to participate fully in the financial sector.
Broadcasting
NIPR Appoints Rasheed Bolarinwa As Chairman of FinanceHub Committee
Nigerian Institute of Public Relation’s (NIPR) governing council has announced the appointment of Rasheed Bolarinwa as the Chairman of its newly established FinanceHub Committee.
Bolarinwa, who serves as the President of the Association of Communication and Marketing Professionals in Banks (ACAMB), will lead the committee aimed at enhancing sustainable Public Relations practices within the banking, insurance, and pensions sectors.
Bolarinwa, currently the Head of Brand Management and Corporate Communication at Polaris Bank, brings extensive experience from journalism, public relations, and the financial sector.
Read Also: NIPR Lagos Chapter Announces Date for 11th conference, sets to discuss climate change, environment
His leadership is expected to drive significant improvements in PR practices across these financial sectors.
The FinanceHub Committee, which includes experts from banking, insurance, and pensions, is part of NIPR’s broader initiative to strengthen public relations across various sectors.
The committee’s formation aligns with NIPR’s strategy to foster sustainable and impactful PR practices in these critical areas of the economy.
In addition to Bolarinwa, NIPR has appointed other chairpersons for newly created sectoral hubs.
Mrs. Thelma Okoh will lead the Maritime Hub, Dr. Jossy Nkwocha will head the Energy Hub, and Mr. Basil Agboarumi will oversee the Aviation Hub. Dr. Ahmad Sajoh has been appointed to lead the Anti-Corruption and Consumer Protection Hub, while Miss Chimdi Neliaku will head the Young Practitioners Hub.
The appointment letters, signed by Uzoma Onyegbadue, Registrar/Secretary to the NIPR Governing Council, reflect NIPR’s commitment to enhancing public relations practices across these sectors.
NIPR Appoints Rasheed Bolarinwa as Chairman of FinanceHub Committee
At the inauguration of the new chairpersons and committee members, NIPR National President Dr. Ike Neliaku praised the appointees, highlighting their expertise and dedication.
“Your appointments are well-considered and reflect the confidence the NIPR council has in your abilities to advance the objectives of the Hub,” Neliaku stated.
He expressed enthusiasm for collaborating with the new appointees and emphasized the council’s support in driving positive change in public relations practices within their respective sectors.
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