The Art, Culture, and Creative Economy minister, Hannatu Musawa, has outlined an eight-point plan to boost the Nigerian entertainment and creative sector.
An official statement released Monday by an official in charge of Destination 2030, Maryam Ahman, highlighted the minister’s vision to make Nigeria the world’s creative, cultural and entertainment capital.
Since 2015, the Nigerian creative industries have been tipped to become a significant revenue generator for the country. Specifically, in the same year, Nigeria’s GDP amounted to N94.14 trillion ($308.6 billion), with the creative industries jointly contributing about N5 trillion ($16.4 billion).
In 2021, the former CBN governor, Godwin Emefiele, also said the creative industry was worth $4.5 billion. However, the value as of today has almost doubled.
To further accelerate the economic potency of the creative industry, the minister promises to provide the necessary tools to enable the continuous growth of…