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FEDERAL GOVERNMENT PLEDGES TO TRIPLE THE BUDGET OF THE MINISTRY OF ART, CULTURE AND CREATIVE ECONOMY                                               

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FEDERAL GOVERNMENT PLEDGES TO TRIPLE THE BUDGET OF THE MINISTRY OF ART, CULTURE AND CREATIVE ECONOMY                                                                                                            21-11-23

By Sadiq Aminu                                                     The federal government has pledged to triple the budget of the Ministry of Art , Culture and Creative Economy in its bid to rectify it neglect towards the creative industry.

The Vice President Kashim Shettima made this known at the maiden edition of the Art, Culture and Creative Economy Roundtable held at the presidential Villa.

Africa 247 correspondent Sadiq Aminu reports that the event had in attendance creative producers, film makers and Music producers within and outside the country as well as finance institutions.

The Art , Culture and Creative Economy Round table was aimed at commissioning a roadmap for interventions in the creative economy through improved funding and to harness skills across various dynamics of the nations culture.

It was also aimed at drawing the attention of the federal government to its responsibilities in providing support to the industry as obtained in other countries.

To this end the vice president of Nigeria Alhaji Kashim Shettima who apologized to Nigerians for the federal governments neglect to the sector pledged to triple the ministry’s budget in other to achieve its goals.

Vice president shettima who commissioned the Roadmap, acknowledged that the creative industry has made significant progress to showcase the country to the world without the help of the government.

Introducing the roadmap of the ministry of Art , Culture and Creative Economy, the minister Hannatu Musa-Musawa said through the intervention plan, the ministry would contribute 10% of the nation’s Gdp amounting to 100 billion naira by year 2030

To support the roadmap of the ministry, the managing director of one of the financial institutions Mr Walter Akpani, pledged its support to the tune of 5 billion naira

The event witnessed stakeholders engagement in developing supportive policy frame work that would promote creativity and protect intellectual framework.

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