According to the Ministry Liberia is losing more than US$4 million to intellectual property violations every year, with some estimates putting it at up to about US$10 million. According to Prince Decker, Director of the Liberia Intellectual Property Office (LIPO) the “textual definition of a pirate is one who engages into unauthorized reproduction, distribution of creative contents for commercial gains. “Number one was the IFPI (International Federation for Phonographic Industries), that tabulated its loss of revenue to the Government of Liberia in tune of US$1 billion. “Now that the Assistant Minister for Commerce and Trade is working assiduously with the Liberia Intellectual Property Office (LIPO) to quantify those losses. In 2016, the Daily Observer reported that less than five recording artists protected their songs under the Liberia copyright office.
