APPLICATION OF TRUST LAW IN THE ADMINISTRATION OF INTELLECTUAL PROPERTY IN NIGERIA: AN OVERVIEW

The concept of property has changed significantly from the traditional to » new concept. Thus property is scientifically defined, as the jural relations ee as between two Or more persons in relation to a thing. It is not the thing itself but the right to use and enjoy the thing. It included the right to exclude others from using the things. But to many laymen, when we talk of property what normally comes to their minds is the tangible property, such as a house, car, video, radio, table, tree e.t.c. People, particularly laymen, hardly think of other types of intangible property such as rights, privileges, immunities, duties, obligations e.t.c. In some cases, both lawyers and laymen rarely think of modern property such as trade marks, copyright, patent, shares, gratuities, pensions, labour and expectation. Others include things like computers, programmes chips, inventions, discoveries, rights in choices and right in action.! Intellectual property law is essentially concerned with the protection from theft of virtually all the intangible and tangible products of human intellect or creativity. It protects the exclusive rights of an inventor or creator in the product of his intellectual or inventive creativity, for example, copyright, sound recording, patent, trademark, e.t.c.