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MINISTRY OF ART, CULTURE & CREATIVE ECONOMY IS WORKING TO DEVELOP NIGERIA’S CREATIVE ECONOMY     

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MINISTRY OF ART, CULTURE & CREATIVE ECONOMY IS WORKING TO DEVELOP NIGERIA’S CREATIVE ECONOMY                                                                       21-02-24

By Sadiq Aminu                                                      The Ministry of Art, Culture and the Creative Economy is working to finance the development of Nigeria’s creative economy which would create two million jobs by year 2027.

The Minister, Hannatu Musa Musawa made this known at an interaction session with the Nigerian Economic Summit Group NESG in Abuja.

She expressed her optimism to work with the group to fund generation and capacity building through which the ministry can contribute 100B to the nation’s Gross Domestic Product by 2030.

“With the support of NESG, the private sector and the right funding mechanism, I think we can do so much to help Nigeria out of the doldrums. The Federal Ministry of Art, Culture and the Creative Economy is the happy place of Nigeria no matter what. This is the sector that Nigerians want to hear about; the art, the films, the music … it is an expression of who we are.

“The government will work towards producing a conducive environment that encourages growth and private investment to ensure that Nigeria’s cultural influence transcends borders as a brand, and unites Nigerians across all initiatives.

Earlier, the Nigerian Economic Summit Group led by the facilitator on Tourism, Hospitality, Entertainment, the Creative Economy, and Sports Dr. Ikenna Nwosu, said the group would provide technical assistance to the ministry to enable it attract the funds.

Dr Nwosu also expressed readiness to collaborate with the ministry to update the National Policy on the Creative Industry and also train the ministry’s staff on efficient data collection.

“We discovered that the ministry does not have a National Policy on Creative Economy. It does not have an updated National Policy on Culture. The one they have is since 1988. We don’t have a National Policy to incentivize the sector. There are other sectors that were incentivized by government like the gas and telecommunication to build initiatives and train the operatives in the sector.”

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