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Reps repeal Patents, Designs Act to effectively protect intellectual properties
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By Levinus Nwabughiogu-Abuja
To adequately give protection to the intellectual properties of Nigerians, the House of Representatives on Thursday passed for second reading a bill seeking to repeal the Patents and Design Act of 1971.
Titled “Patent and Designs (Repeal and Re-Enactment) Bill, it is sponsored by Hon. Oluga Taiwo representing Ayedaade/Irewole/Isokan federal constituency of Osun State.
Leading the debate on the general principle of the bill at the plenary on Thursday, Hon. Taiwo said that the extant act was long overdue for amendment.
She said the act lacked requisite legal provisions to take care of contemporary issues of theft of intellectual properties.