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FG Unveils Plan To Generate Revenue From Creative Sector, Projects $100bn By 2030

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The federal government has unveiled a roadmap to drive economic development and boost the country’s gross domestic product (GDP) by $100 billion through the creative sector.

Speaking on Tuesday at the maiden creative economy roundtable in Abuja, Hannatu Musawa, minister of art, culture and creative economy, said Nigeria needs to showcase its creators and culture to the world.

She said with the launch of the roadmap, the creative sector could contribute as much as 10 percent to Nigeria’s GDP.

The art, culture, and the creative economy comprise sectors such as movies, gaming, fashion and style, intellectual property, culinary arts, cultural arts, “and 49 other sectors”.

The creative sector contributed only 2.54 percent to the GDP in the second quarter of 2023, according to the Nigeria Bureau of Statistics (NBS).

Speaking at the roundtable, Musawa said the roadmap is built on five key pillars which include policy, legislative, regulatory and intellectual property reforms; cultural plan; economic plan; private sector engagement and destination 2030; ‘Nigeria Everywhere’.

“The economic plan is aimed at creating millions of jobs, supported by comprehensive skills training programs. Our objective is to contribute 10% to the Nation’s GDP, expanding sectorial GDP to a remarkable $100 billion by the year 2030,” the minister said.

”The creative industries are the heartbeat of the new economy, serving as an engine of economic growth, a catalyst of change and a generator of employment opportunities.

“We are uniquely positioned in this great nation, endowed with an abundance of human capital and boundless possibilities.

“Our transformation team has delved deep into the very fabric of this sector, understanding its dynamics, seizing up the opportunities it presents and benchmarking against model countries and sectors.

“Our collective aim is singular, and it is bold: to position Nigeria as the world’s culture, creativity and entertainment capital.

Musawa said Nigeria’s cultural influence would transcend borders as a brand that will unite Nigerians across all initiatives.

“We have created a brand that will unite us across all initiatives as both our overall strategic direction and our soft power initiative,” the minister said.

“Destination 2030, Nigeria Everywhere will promote our culture and showcase our creators to the world, establishing Nigeria as the leading global hub for arts, culture, and creativity.”

On his part, Vice-President, Kashim Shettima reiterated the federal government’s resolve to empower the nation’s best talents and harness the unconstrained potential within the country’s diverse cultural tapestry.

“More than ever, we see the need to amplify the voices of our creative minds, empower our best talents, and harness the unbridled potential that lies within the folds of Nigeria’s diverse cultural tapestry,” Shettima said.

The vice-president, who acknowledged that the creative and entertainment sector had remained neglected in the past, thanked the industry’s stakeholders and key players for their huge contributions to the nation’s creative economy.

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Lagos State Flags Off – NCAOOSCE Advocacy Campaign To Tackle Out-Of-School Children Crisis

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The Lagos State Advocacy Team of the National Commission for Almajiri and Out-of-School Children’s Education (NCAOOSCE) today officially flagged on its state-wide advocacy campaign aimed at revitalizing efforts to reduce the number of out-of-school children in Nigeria.

The flag-on ceremony, themed “Revitalization of the Out-of-School Children’s Initiative,” was held at the Palace of His Royal Majesty, Oba Saheed Ademola Elegushi, Kusenla III, the Elegushi of Ikate Kingdom, who served as Royal Host and Special Guest of Honour. In his address, the Chairman of the Lagos State Advocacy Team emphasized that the campaign is not just a government programme, but a national movement to restore dignity, opportunity, and inclusion for every Nigerian child currently excluded from formal education. The Commission commended His Royal Majesty for his continued contributions to education in Lagos State, including scholarship schemes, infrastructure support, menstrual hygiene initiatives, and the establishment of the Centre for Lagos Studies at Lagos State University. The campaign aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu, GCFR, and supports the six strategic education priorities of the Federal Ministry of Education under Dr. Maruf Tunji Alausa, CON. Lagos is one of eight pioneering states championing this renewed national effort. The Lagos State campaign will cover all 245 wards across the state’s three senatorial districts, engaging traditional leaders, religious institutions, market groups, youth associations, and civil society organizations. A total of 1,225 local volunteers will be selected to champion the Commission’s flagship National Adopt an Out-of-School Child (N-OOSC) program at the grassroots level.

Key focus areas of the advocacy include: Ending street begging and child exploitation; Ensuring child identity through birth registration; Promoting safe, inclusive, and dignified learning spaces; Eradicating abuse disguised as discipline; Empowering communities to own the educational future of their children. “This campaign is not against religion or tradition,” the Advocacy Team reiterated. “It is about integration, dignity, and giving every child a fair chance.” The event concluded with a call to action for all stakeholders—government, traditional institutions, faith leaders, educators, and the public—to unite in ensuring that no child is left behind.

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BREAKING: Federal Government Declares Tuesday Public Holiday To Honour Buhari

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The Federal Government has declared Tuesday, July 15, 2025, as a public holiday in honour of the late former President Muhammadu Buhari, who passed away on Sunday.

The Minister of Interior, Olubunmi Tunji-Ojo, announced the public holiday on Monday on behalf of the Federal Government, after receiving approval from President Bola Ahmed Tinubu.

 

More to come…

 

 

 

 

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FirstBank, NLNG, Shell Back QEDNG Creative Powerhouse Summit

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Nigeria’s leading commercial bank, First Bank of Nigeria, has joined forces with Mighty Media Plus Network Limited for the maiden edition of the QEDNG Creative Powerhouse Summit.

Also supporting the event are Nigeria LNG (NLNG) and Shell Nigeria, two major players in the country’s energy and development sectors.

Chief Executive Officer of Mighty Media Plus Network Limited, Olumide Iyanda, announced the partnerships in a statement on Monday.

Mr Iyanda described FirstBank’s involvement as a strong statement of the bank’s belief in the power of Nigeria’s creative sector.

“FirstBank’s support is a reaffirmation of its long-standing commitment to promoting the creative economy,” he said. “Through First@arts, the bank has become a reliable partner to talents, institutions, and organisations working to grow Nigeria’s cultural assets.”

First@arts is FirstBank’s platform for supporting the arts. It provides financing, advisory services, and exposure for creatives across the value chain. The bank has backed major cultural events and partnered with institutions such as British Council, Duke of Shomolu Productions, Live Theatre Lagos, Freedom Park and Terra Kulture.

Among the projects FirstBank has supported are The Headies Awards, Lagos International Theatre Festival, The Oxymoron of Kenny Blaq, Kurunmi, Eni Ogun, and Oke Langbodo.

Iyanda also praised NLNG for its role in promoting excellence in literature and science through The Nigeria Prize for Literature, The Nigeria Prize for Science, and The Nigeria Prize for Literary Criticism.

“NLNG has shown leadership by rewarding creativity and innovation in ways that impact both the literary and scientific communities,” he said.

The prizes, worth up to USD100,000, are among the most prestigious on the continent. They celebrate Nigerian authors, critics, and scientists whose work makes a real difference.

Shell’s support for the summit reflects its ongoing commitment to education and social development. The company focuses on sustainable, community-driven educational projects, ranging from scholarships to infrastructure development and ICT donations.

“Shell’s belief in education as a foundation for long-term progress aligns with our vision for the summit,” Iyanda added.

He further noted that more sponsors will be unveiled in the coming weeks.

The QEDNG Creative Powerhouse Summit, themed “Financing as Catalyst for a Thriving Creative Economy,” will take place on Tuesday, August 12, 2025, at 10:00 a.m. The venue is the prestigious Radisson Blu Hotel, Isaac John Street, Ikeja GRA, Lagos.

The summit will bring together creatives, investors, policymakers, and business leaders to explore solutions to the funding challenges facing Nigeria’s creative industries.

Gbenga Bada
For QEDng creative powerhouse summit committee
08028599392

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