The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has described the country’s creative industry as an important sector of the economy that generates about $4.5 billion annually.
Emefiele, who spoke in Dubai, said the Federal Government was doing everything possible to support the creative sector of the nation’s economy.
The CBN Governor praised President Muhammadu Buhari for giving the bankers’ committee the opportunity of revamping the National Theatre.
Emefiele said that the project is costing the Bankers committee over N25 billion to revamp the place.
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“We do hope that with the development of four creative hubs — the film, fashion, music and IT — at the National Theatre, from next year we will begin to have fashion shows like we are having here there,” Emefiele added.
He said they believed the youths will make use of the four creative hubs at the National Theater to develop themselves and earn money for the country.
He added that the government is building infrastructure to develop the creative sector.
Emefiele revealed that they created the creative fund and financing that will make it possible for talented youth to get financing for their businesses.
