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CBN, Bankers’ Committee take over rehabilitation work at the National Theatre

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CBN and Bankers’ Committee on Sunday, 12 July, 2020 take over rehabilitation work at the National Theatre, Iganmu, Lagos.

The CBN’s governor Godwin Emefiele who made the facility will help to unleash potentials and talents of Nigerian youths.

Emefiele said, “Facility will help in unleashing the creative talents of Nigeria’s youths across multiple sectors and in supporting Mr.President’s objective of creating new employment opportunities for Nigerians.

“Harnessing the talents of our youths in the creative industries, will lead to the buildup of a more resilient economy.

“The Creative Center, which comprises Music, Movies, Fashion and ICT can be a key source of growth for our economy. Nigeria has the potential to earn over $20bn annually from the creative industry.

“The National Theatre Iganmu, Lagos is expected to serve as the initial pilot for the Nigeria Creative Industries Centre. Centres in Kano, Port Harcourt or Enugu to follow.

“The National Theatre when fully renovated will be able to support skills acquisition and job creation for over 1 million Nigerians over the next five years.

“Nigerians will be empowered with funds at single digits interest rate, high level training using state-of-the-art tools, and networks, that will enable them to turn their ideas into a reality”.

Some 6,000 jobs will be created during the construction phase, while the completed project could generate up to an additional 600 permanent and 2000 to 3000 call-on/call-off jobs. This is as good as it gets! – Minister of Information and Culture Alh. Lai Mohammed added.

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