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Babalakin & Co’s Art Initiative: Shaping Nigeria’s Next Generation of Artists

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

In-depth Named sources New plan
  • The law firm Babalakin & Co. hosts an annual art competition and exhibition to support young Nigerian artists.
  • The initiative provides a platform for artists to showcase their work and offers financial rewards, with this year's prize N10 million.
  • The program aims to formalize Nigeria's creative industry by educating artists on legal and commercial structures for sustainable careers.

The Law Firm of Babalakin & Co. is actively supporting Nigeria's creative industry through its annual Art Competition & Exhibition. This initiative aims to uncover and showcase the talent of young artists whose work might otherwise remain unseen, while also providing significant financial incentives.

Our defining philosophy has always been excellence without compromise. Since 1988, the firm has remained committed to delivering practical, solution-oriented legal services with professionalism, integrity, and an unwavering focus on client value.

— Wale Akoni, SANDescribing the core philosophy of Babalakin & Co.

This year's edition offers a N10 million prize package. Wale Akoni, SAN, the Managing Partner of Babalakin & Co., emphasized the firm's commitment to investing in young artists. He highlighted the importance of providing a platform for them to exhibit their creations and gain exposure to the legal and commercial frameworks essential for building sustainable careers.

The connection between law and the arts, lies in the fact that creative works generate legal rights. The law provides the framework through which those rights are protected, managed, and commercialised. It enables artists to retain ownership of their work, control how it is used, and derive value from it.

— Wale Akoni, SANExplaining the legal underpinnings of artistic creation and ownership.

The competition's objectives extend beyond mere exhibition. A key goal is to evolve into a premier platform for discovering creative talent across Africa. The firm seeks to address the predominantly informal nature of Nigeria's creative sector by introducing participants to professional standards and legal compliance.

Lawyers support artists in areas such as copyright, trademarks, licensing, contracts, royalties, and dispute resolution.

— Wale Akoni, SANDetailing the specific legal services lawyers can offer to artists.

Akoni explained the connection between law and the arts, noting that creative works generate legal rights. Lawyers play a crucial role in protecting, managing, and commercializing these rights through areas like copyright, trademarks, licensing, and contracts. The Babalakin & Co. initiative exposes artists to these concepts, encouraging them to view their artistic practice as both a creative endeavor and a business requiring legal and commercial understanding.

The Art Competition and Exhibition seek to address the informal nature of the creative industry, by introducing participants to professional and legal structures that support artistic practice.

— Wale Akoni, SANOutlining how the initiative aims to formalize the creative sector.
DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.