Losses to Publishing Companies in Nigeria

in Counterfeit Goods

According to the Chairman of a Nigerian publishing company, book piracy activities in the country causes $125 Million (20 Billion Nigerian Naira) in losses to domestic publishing houses each year.

Books that are published in Nigeria are taken outside of the country and illegally copied and sold across Africa.

In the United States, the latest available figures on book piracy showed that $600 Million was lost to pirated books.

Source: Mohammed Shosanya, “Nigeria: Book Publishers Loses N20 Billion Annually to Piracy,” allAfrica, May 24, 2012.

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