Business
NOTAP Urges Inventors To Patent Works
The Deputy Director of
Technology, Promotion and Commercialisation, National Office for Technology Acquisition and Promotion (NOTAP), Mrs Caroline Owoseni, has advised inventors and researchers to patent their works with the appropriate institutions.
Owoseni gave the advice yesterday in Abuja in an interview with newsmen on the sidelines of an interactive session organised by NOT AP with inventors.
The protection granted to inventors and researchers to protect their works from being encroached on or stolen by an unauthorised third party.
Owoseni said an inventor or researcher could generate revenue from invention if such work was protected under the Intellectual Property Rights.
“If an invention is patented, the patentee can generate some revenue from it by licensing it to investors who want to commercialise it.
“Atimes, some inventors who do not have the required money to commercialise it can grant the right to interested investors to exploit the patent.
“When such is done, the investor will pay you royalty, but when a work is not protected, no investor will be interested in licensing it from the patentee.
“An inventor may not be able to earn any value from such invention except when it is commercialised,” she said.
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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