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    MarketForces Africa » Uncategorized » NCC Confiscates Pirated Books Worth N50m in Lagos

    NCC Confiscates Pirated Books Worth N50m in Lagos

    Julius AlagbeBy Julius AlagbeAugust 23, 2024 Uncategorized No Comments2 Mins Read
    NCC Confiscates Pirated Books Worth N50m in Lagos
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    NCC Confiscates Pirated Books Worth N50m in Lagos

    The Nigerian Copyright Commission (NCC has confiscated suspected pirated books worth N50 million in Yaba area of Lagos state. Mr Charles Amudipe, the Deputy Director of Operations/Head of Operations of the commission in Lagos office, who led the team, said that the NCC carried out an anti-piracy action in Yaba Book Market, Lagos.

    “During the said anti-piracy operation, five bookshops and three warehouses (parking stores, where suspected pirated books were stored around Yaba market were visited.

    “Materials suspected to be pirated were seized and owners of those bookshops were arrested, ” he said. Amudipe also said that the team visited warehouse (parking stores), Chuks, Edu and Don mekus bookshops, all in Yaba area of Lagos state.

    ”The anti-piracy raid is to send a signal to the public that the commission has upscaled it’s enforcement activities.

    “The commission warns booksellers, schools, printers and all those who deal in copyright materials that the commission will not tolerate piracy in any form, ” he said.

    He noted that the commission was aware that pirated books were being pushed directly to schools for sale.

    ”Any school found aiding the sale of pirated books will be treated as a book pirate.

    “The commission hereby mandates all printers, booksellers and schools who deal in books to have adequate documentation on the source of the books they are dealing in.

    “Any printer who does not keep the expected records according to the copyright act, will be severely dealt with. All those who engage in book selling should have proper receipts as evidence for their purchase from the right source, ” he said.

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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