Creative Economy Summit: Minister Seeks FG’s Funding to Unlock Sector’s Potentials
The Ministry of Arts, Culture, and the Creative Economy concluded a two-day Culture and Creative Economy Summit (CCES), with stakeholders urging the federal government to prioritize Creative Economy funding to boost the sector’s expansion for economic growth.
The Minister, Barrister Hannatu Musa Musawa, who spoke at a fireside chat, described the Renaissance Project as a comprehensive initiative aimed at revitalizing the creative economy across all states. She outlined her strategy for securing funding at every stage, emphasizing the need for increased investment in the sector.
“With proper investment, the creative sector has the potential to surpass oil as the primary driver of the nation’s economy.”
The Minister also pledged her commitment to making the cultural sector profitable and a significant contributor to the nation’s GDP.
Themed “Harnessing the Power of Creativity for Economic Growth,” the summit sought to create products and merchandise for hundreds of young Nigerian creatives, influencers, festivals, sports clubs, schools and more.
The summit, which brought together key stakeholders, including government officials, private sector representatives, and international partners, deliberated on strategies for promoting the culture and creative economy sector. Participants acknowledged the sector’s potential to heal and bond the nation, create jobs, and drive local and global opportunities.
Presentations also focused on several new initiatives, including the Renaissance Project, Origins; a global digital platform showcasing Nigeria’s history and culture from inception, Ice; a capacity-building platform for creative industry development, and core partnerships with Mefa and Nigeria’s Got Talent. The summit also featured presentations from partners of the National Council for Arts and Culture, NCAC showcasing new approaches to NAFEST, INAC, and other flagship programs.
Earlier, the Director General of NCAC, Mr. Obi Asika unveiled the agency’s roadmap, highlighting key components, as well as NCAC’s vision and strategy for driving growth in the creative sector.
The communique issued at the end of the summit emphasized the importance of effective government funding, adoption of information technology, and organization of NCAC’s flagship programs to meet global standards.
Stakeholders called for regular interactions between federal and sub-national entities to facilitate the realization of the Ministry’s vision of making the creative sector profitable and a significant contributor to the nation’s GDP.
The summit brought together key stakeholders, including the Nigeria Economic Summit Group, Bank of Industry, and state commissioners, permanent secretaries, and directors of state councils for Arts, Culture, and Creative Economy.
Follow us on social media
