Connect with us

Business

Commandclem, Inventor of QIT Paints, Says Appeal Court

Published

on

The Court of Appeal has ruled that Dr. Clement Uwemedimo of Commandclem Nigeria Limited is the statutory inventor of the Anti-Corrosive Special Paint for QIT (Transteel Blue, White Enamel) used in the production of crude oil, condensate, liquefied natural gas and other products.

In a judgement delivered by Justice Kumai Bayang Akaahs, the Appeal Court, Calabar Division, held that on the basis of Section 2 of the Patents and Designs Act Cap 433, Laws of the Federation of Nigeria, 1990, the right to a patent in respect of an invention is vested in the statutory inventor, that is to say, the person who, whether or not he is the true inventor, is the first to file, or validly to claim a foreign priority for a patent application in respect of the invention.

Justice Akaahs said the evidence adduced by Dr. Uwemedimo and Commandclem Nigeria Limited dates back to 1980 when the right to sue on the patent had accrued, noting that any infringement by the respondents or any other person will be actionable at the instance of the appellants starting from August 5, 1999 when the patent was registered by the Federal Government of Nigeria.

He said: “The learned trial judge was right to hold that at the time the defendant was said to have infringed plaintiff’s patent in the early 1980s, the plaintiffs did not have any patent to be infringed.

The plaintiffs only obtained their patent No. RP 13522 on August 5, 1999. At the time the Court of Appeal ruled that the claims in paragraph 29 (iii) (iv), (v) and (viii) of the Amended Statement of Claim were not affected by the Limitation Law, there was no consideration of the evidence to be adduced. If the evidence sustaining the reliefs fell between 1999 and 2001, the action would be maintained. “I am of the view that the respondent can enjoy the benefit created by S.2(4) of the Patents and Designs Act when a contract was subsisting between the parties at the time of the invention.”

On the issue of agreement between Dr. Uwemedimo or CommandClem Nigeria Limited and Mobil Producing Nigeria Unlimited, to pay to Uwemedimo US$2.00 per barrel for every petroleum product produced by Mobil Producing Nigeria Unlimited, Justice Akaahs held that the law does not require that every contract must be in writing unless it is a contract made under seal or it is required by statute.

He said: “If indeed there was any verbal agreement made by the defendants (Mobil Producing Nigeria Unlimited) to pay the sum of $2.00 for every barrel of crude oil produced, the plaintiffs (Uwemedimo) were too hasty in making their “invention” known within so short a time between the first contact by the first plaintiff with the defendants on May 2, 1980 and the research results on June 26, 1980 as chronicled in exhibit 8A.

Justice Akaahs ruled that he did not agree that an agreement to pay $2.00 per barrel of every petroleum product to the plaintiffs would necessarily be against public policy.

He said: “There is no evidence to presume that the agreement being envisaged was to circumvent the provisions in the Petroleum Act or that it will prevent Mobil Producing Nigeria Unlimited from paying royalties to the Federal Government. An agreement freely entered into by the parties will be enforceable unless the agreement will facilitate the commission of a crime or breach any law.”

Continue Reading

Business

Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

Published

on

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
Continue Reading

Business

NPA Targets N1.489tn Revenue In 2026

Published

on

The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
Continue Reading

Business

NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

Published

on

Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
Continue Reading

Trending