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    Nigeria: Tinubu seeks Senate approval of $20.52b, €1.05b supplementary external borrowing plan 

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    Nigeria: NSCDC mobilizes 57,000 personnel for Easter celebration

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    Tinubu condemns murder of Sheikh Yahaya Ibrahim Masussuka, directs thorough investigation

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    Nigeria: Finance Minister acknowledges economic hardship that forces families to borrow to put food on the table

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    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

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    MTN gives 20 startups N5m each in Cloud Accelerators programme

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    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

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    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

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    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    TVET: Trainee, training centres receive N30k, N50k monthly – Minister

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

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    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria gets WHO clean bill of health following evaluation of Ebola index patient to Switzerland

    Ebola: WHO says 139 suspected dead, numbers expected to rise

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    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Nigeria: Tinubu alerts West African health authorities to surveillance against Ebola threat, rules out restriction on large gatherings for now

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    Ebola: Ogun steps up surveillance after FCT case, says no case recorded in state

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    DAAR Communications announces closed period ahead of Q3 2026 financial results

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    Nigeria: Auditor-General’s office queries N33.75b electronic cash transfers in 2023, recommends summon of Programme Manager

    Nigeria: FG proposes national risk market, commercial dispute tribunal

    Nigeria: Finance Minister acknowledges economic hardship that forces families to borrow to put food on the table

    Nigeria: Gov. Radda thanks Katsina stakeholders for support at Kaduna APC campaign flag-off

    NDPHC restores 450MW of generation capacity from Geregu NIPP to national grid

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    Tinubu signs Electoral Act Amendment Bill 2026 into law

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    Tinubu condemns murder of Sheikh Yahaya Ibrahim Masussuka, directs thorough investigation

    Nigeria: Bandits kill House of Reps member’s brother in Katsina

    Nigeria: Katsina Police Command launches manhunt for killers of controversial Islamic cleric

    Sanwo-Olu receives National Peace and Humanitarian Award

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    Nigeria: Finance Minister acknowledges economic hardship that forces families to borrow to put food on the table

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    Nigeria: Minister expects future workforce to be built on relevant market skills besides certificate

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    Nigeria: Auditor-General’s office queries N33.75b electronic cash transfers in 2023, recommends summon of Programme Manager

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Nigeria: FG commits to generate $100b from creative economy

by Worldstage News
December 6, 2024
in Economy, NIGERIA
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WorldStage Newsonline– The Federal Government of Nigeria has expressed commitment to its plan to generate 100 billion dollars from Nigeria’s creative economy.

Hannatu Musawa, Minister of Art, Culture, Tourism and Creative Economy said at the launch of a Project to Advance Evidence-Based Policies to Support Policy Making to Enhance the Contribution of Creative Sectors and Industries to Sustainable Development in Abuja that the government was committed to the creation and sustenance of two million jobs in the sector.

The project was supported by the European Union (EU) and the United Nations Education, Scientific and Cultural Organisation (UNESCO).

According to the minister, the cultural, creative and tourism sectors are a critical component of our national economy and remains a significant player in our national development.

Musawa, represented by Roshan Nanayakkara, Special Assistant on Monitoring, Evaluation and Heritage, said it was also President Bola Tinubu’s Priority No. 7, tagged: “Accelerate Diversification Through Industrialisation, Digitisation, Creative Arts, Manufacturing & Innovation.”

“The prioritisation of the sectors are reflected in the presidential decision to create a sector specific Ministry of Art, Culture, Tourism and Creative Economy to enable and develop the sectors for the increase of sectoral GDP contribution by generating $100 Billion and the creation and sustenance of 2 million jobs.

“For this goal to be achieved, our first step is to enable the industry for rapid development through key initiatives outlined in our 8-Point Plan.

“Key amongst the components of this plan is the development of policy and regulatory frameworks for the advancement of the sectors.

“This is significantly reflected in our efforts to ensure the development, review and launch of three separate policies in one year.

“These policies include: the National Intellectual Property Policy and Strategy (NIPPS); the National Cultural Policy and the National Tourism Policy,” she said.

She said these key policy frameworks would aim to support their relevant industries by ensuring alignment in objectives, enabling regulations, and adequate government support for the industry.

“Let me assure you, President Bola Ahmed Tinubu, GCFR, is focused on ensuring sustained partnerships for national development.

”The president is also keen on creating the right framework that encourages ease of doing business, serves the public interest and helps us attract investment into the cultural, creative and tourism sectors of the economy,” she said.

Mr Abdourahamane Diallo, the Head of Office, UNESCO Abuja Regional Office, said the EU-UNESCO project was an initiative implemented by UNESCO to support the government, through the ministry, to develop the frameworks for cultural sectors.

According to him, it is about the culture, policy; it is about capacity building of state actors, agencies in the areas of culture and it is also providing a platform for international cooperation in the area of culture and cultural policy.

Mr Gautier Mignot, the Ambassador, EU Delegation to Nigeria and ECOWAS, said the project was to strengthen the creative industry and its contribution to sustainable development in the country.

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