FG moves to approve Agric investors plant variety protection rights
Written by crest887fm on August 14, 2021
The Federal Government has announced its readiness to receive and process applications for the granting of plant variety protection rights to Agric investors.
The Minister of Agriculture and Rural Development, Sabo Nanono, and the Director-General, National Agricultural Seeds Council, Olusegun Ojo, announced that this was part of moves by the government to implement the Plant Variety Protection Act 2021.
They spoke on the occasion of the unveiling of the PVP Act 2021, which was organised by the NASC and the Nigerian Economic Summit Group in Abuja.
In his address at the event, Ojo said in implementing the recently assented Act, the Federal Government, through the NASC, would be granting PVP rights to investors in Nigeria.
He said, “The NASC has already started doing what is necessary to ensure that we do not only have the PVP law, but we implement it for the impacts to be delivered to the farmers and the entire Nigerians”.
The Chief Executive Officer, NESG, Laoye Jaiyeola, who was represented by an official of the group, Gloria Ekpo, said the implementation of the Act would help position Nigeria to feed its growing population and attract foreign linvestments into the seed sub-sector.