Despite a rise in non-oil earnings, the current state of the Nigerian economy reveals that there is a massive decline in revenue. The economy is still largely mono product.
For the country’s next government to establish a quality economic governance framework built on sustainable fiscal, monetary, macroeconomic specific consolidation, the input of creative industry is needed writes GREGORY AUSTIN NWAKUNOR.
According to stakeholders in the creative economy, there is need for more investment in the sector. They said the creative industry has potential and capacity to save over 100 million youths by creating viable employment for them. According to President Muhammadu Buhari, Nigeria’s creative industry is positioned as the second largest employer with a potential to produce 2.7 million new jobs by 2025.
The industry requires specific knowledge and skill to monetise it. The minister must be able to establish symbiotic relationships with the Central Bank of Nigeria and commercial banks. The person should not just fund edifices, but should show the banks how a symbiotic relationship can be kept. This contrasted sharply with the case in 1988 when culture administrators mobilised universities, journalists, trade unionists, civil society representatives, among others, to make their input to the implementation strategies. But the belated 2008 exercise wasn’t like that.
They recommended a minority status for the Federal Government in ownership and operation of the national gallery, which should be funded on a Public-Private Partnership. Omooba Yemisi Shyllon noted that Nigeria has the potential of attracting about six million visitors per annum to its national gallery, thereby, generating an income of $56 billion per annum.
“The artworks of many Nigerian artists are thus lost in the long run and their impact remaining uncoordinated for public exposure, permanent exhibition and promotion. It is not an exaggeration to state that the lack of a national gallery edifice is a key retardant to the development of modern and contemporary art in Nigeria.
They equally encouraged governments across board, and particularly at the local government area level, to establish, maintain, staff and furnish at least one community library per LGA, whose book stock must be renewed and updated annually.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Nigeria needs to prioritise STEM education | The Guardian Nigeria News - Nigeria and World NewsIn commemoration of World Creativity and Innovation Day, a United Nations day, which is celebrated on April 21 to raise awareness around the importance of creativity and innovation in problem solving with respect to advancing UN Sustainable Development Goals (SDGs), Chief Innovation Officer of Businessplus LLC, Ekundayo Ayeni, has called on the Federal Government to improve the country’s quality of education by fixing the educational system through prioritising STEM education in schools.
Read more »
Rukmani steps out with Gateway Drug | The Guardian Nigeria News - Nigeria and World NewsIf her silky vocal texture doesn’t capture your attention at first listen, then her deep, cathartic lyricism definitely would have you awed in the second-half.
Read more »
Stakeholders decry SGBV, child, early and forced marriages | The Guardian Nigeria News - Nigeria and World NewsWith Sexual and Gender Based Violence (SGBV) child, early and forced marriages still prevalent in Nigeria, journalists, Civil Society Organisations (CSOs) and community-based organisations have been trained to champion the campaign against these societal ills.
Read more »
Enugu Governor-elect promises religious harmony, inclusion | The Guardian Nigeria News - Nigeria and World NewsThe Enugu State Governor-elect, Dr. Peter Mbah, has felicitated Muslim faithful across the state, Nigeria and the world at large over this year’s Eid-el-Fitr celebration marking the end of the month-long Holy Ramadan.
Read more »
Crystal Palace’s Eze plots Everton fall | The Guardian Nigeria News - Nigeria and World NewsCrystal Palace have reported no new injury concerns, with the same squad available from the win at Southampton. Nigeria-born England-based striker, Eberechi Eze, who scored three goals in his last two Premier League appearances, is aiming to compound Everton’s woes today.
Read more »
Eid-el-Fitr signature | The Guardian Nigeria News - Nigeria and World NewsAs far as Eid-el-Fitr ‘congregation prayer’ outfit is concerned, there is hardly a reason for wardrobe confusion as this end of Ramadan festival is graced with full body coverage attire for both men and women.
Read more »