Federal Government Plans To Effectuate Over $100bn From Creative Economy

Federal Government Plans To Effectuate Over $100bn From Creative Economy
ENOCK REUBEN, Abuja

Inline with United Nations Education, Scientific and Cultural Organisation (UNESCO) development agenda. The Federal Government is devoted to it’s plan to generate over $100 Billion from creative economy.

This was made known by the Minister of Art, Culture, Tourism and Creative Economy, Hannatu Musawa 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.

The Minster who was represented at the launch by the Assistant on Monitoring, Evaluation and Heritag Roshan Nanayakkara, also said, the government was committed to foster over two million jobs in the quarter.

According to Hannatu, it was also President Bola Tinubu’s Priority No. 7, tagged: “Accelerate Diversification Through Industrialisation, Digitisation, Creative Arts, Manufacturing & Transformation”

She further said “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.

The Minister added; “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

Moreso, the European Union Ambassador to Nigeria and ECOWAS, Mr. Gautier Mignot, said he wants the project to be used in a more systematic way to work with local initiatives and to strengthen the creative industry and its contribution to sustainable development in the country.

Also at the occasion, the Head of Office, UNESCO Abuja Regional Office, EU-UNESCO, Mr. Abdourahamane Diallo said the EU-UNESCO project was an initiative implemented by UNESCO to support the government, particularly the local initiatives, to make use of this catalytic project through the ministry and develop the frameworks for cultural quarter.