IP ABC: - Does a Patent give you complete protection | Infusion Lawyers

Question of the Week -

We are DigiMid, a digital media company in Nigeria. We have just developed a new product that will enable people watch videos at nights with their eyes closed so they don't strain their eyes. The product is a wearable electronic lens. Because it is new, we want to apply for patent in Nigeria. But the issue we have is the risk of having a third party make the same product by reverse engineering or other means. Before investing in patent application, we want to know what a grant of patent really gives us. Is it adequate protection? If not, what should we do to get complete protection?

Answer 

WOW, a wearable electronic lens that enables people watch videos with their eyes closed! Amazing stuff!

Now to your question, you want to know what a grant of patent in Nigeria gives DigiMid and if this will be adequate.

A patent gives DigiMid a monopoly over the invention for a period of 20 years. This protection is generally adequate.

What kind of monopoly? you might ask.