Fidelity bank card banner Emerald Energy Institute Camano banner

Partnership with Tony Elumelu Foundation will lift creative industries: Minister

By News Express on 04/10/2016

Gmail icon

Views: 1,440


The partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position the Creative Industries in Nigeria, the Minister of Information and Culture, Alhaji Lai Mohammed, has said.

Speaking at a ceremony for the signing of the Memorandum of Understanding (MoU) between the Ministry and the Foundation in Lagos on Tuesday, the minister expressed the strong belief that the collaboration will be the much-needed catalyst to transform the country’s creative industries to a creative economy.

“The MoU contained details of how we will work together to execute our partnership. More specifically, the areas of collaboration will include the creation of an enabling business environment for the creative industries with such incentives as easy access to finance; the structuring of the creative industries to enable it generate independent revenues locally and also boost exports to increase Nigeria’s foreign exchange earnings; and comprehensive statistics about the creative industries, including its size and projections, to guide potential local and foreign investors,” he said.

Alhaji Mohammed said an innovative part of the collaboration “is the plan to convene a Creative Economy Task Force to map the Creative Industries to provide a better picture of what is happening on the ground and help inform policy development.” He added: “We also plan to measure the economic contribution of these industries to the Nigerian economy and provide a blueprint for action.”

The minister explained that the agreement was part of efforts by the Federal Government to ensure that the Creative Industries become a major factor in the ongoing diversification of the country’s economy.

He said: “To reap the full potentials of the creative industries, we realised early on that we will need to reach out to organisations that have the capacity and the drive to assist us in achieving our goals, organisations that can utilise their business knowledge, network and technical expertise to assist the Ministry in the development of Nigeria’s creative industries.

“This explains why we entered into discussions with the Tony Elumelu Foundation and the British Council. The discussions have now yielded fruits. On Aug. 24th 2016 in Edinburgh, Scotland, we signed an MoU with the British Council. And today, we are signing another MoU with the Tony Elumelu Foundation. Together, we will work to re-position the Creative Industries in Nigeria.”

Alhaji Mohammed said provision must be made for concrete benchmarks “to measure our progress in the implementation of this MoU” to ensure that “by the time we conclude the initial two-year period of this historic collaboration, no one will need to strain his eyes to see the achievements.”

He said efforts to lift the creative industries have received support at the highest level of the Administration, adding: “Last week, at an evening of conversation with the youth, President Muhammadu Buhari not only rallied support for the sector, he also directed that such support must reflect in the budget of the Ministry of Information and Culture in 2017.”

Alhaji Mohammed commended the Chairman of the Foundation, Mr Tony Elumelu, for throwing his full weight, and that of his Foundation, behind the idea of a partnership between the Ministry and the Foundation to rejuvenate the creative industries, which range from advertising, architecture, the art and antiques market, crafts, design, fashion, film, interactive leisure and software, music, the performing arts and publishing to radio and television.

For his part, Mr. Elumelu hailed the minister for the partnership initiative, and assured that even more of his colleagues in the private sector would support the Creative Industries once they are properly structured.

The ceremony for the signing of the MoU by the Minister and Mr. Elumelu, which was held at the National Theatre, was attended by major industry players. Among them were Nollywood and music stars, comedians, as well as beneficiaries of the Tony Elumelu Entrepreneurship Programme, which aims to identify, over 10 years, a total of 10,000 African start-ups and entrepreneurs with ideas that can generate at least 1,000,000 new jobs and contribute at least 10 billion dollars in new annual revenues across Africa.

•Photo shows, L-R; Minister of Information and Culture, Alhaji Lai Mohammed, and Chairman of Tony Elumelu Foundation, Mr. Tony Elumelu, after signing a cooperation agreement in Lagos . . . on Tuesday.

Source News Express

Posted 04/10/2016 9:29:32 PM

 

 

CLASSIFIED ADS

 

You may also like...
Ikpeazu dares INEC, says ‘I remain Abia Governor’...

Catholic Bishop raises the alarm over flooding in...

Nokia takes high-end innovation to new audiences at...

Jos voters arrive polling units early with chairs,...

Between zoning and competence in Anambra State leadership,...

African security exchanges meet in Johannesburg

Nigeria and the Brexit fever

Automotive Council targets 40% local content development

Gunmen abduct Taraba State University Deputy Registrar

On the trail of oil thieves, By Olusegun...

Okowa celebrates foremost accountant Akintola Williams at 100...

Rescued Canadians, Americans identified

 

Latest News South West monarchs move to save Osinbajo from impeachment Union Bank Chairman dies after brief illness Meet 11-year-old Nigerian boy who started smoking Indian hemp from age 9 •Says nothing wrong with it Bobrisky given ultimatum to repent or leave Nigeria Militants threaten to renew hostilities Nigeria’s democracy still an unfinished business — Fayemi •Asks military to be citizen-centred, friendlier to Nigerians Abia Poly sacks 258 workers Buhari’s Economic Advisory Council first class: Emir Sanusi Obuah to Rivers people: Help prevent flooding, avoid blocking water channels Local contractors to fix Kwara schools, hospitals’ projects 10 arrested, three arraigned in court for allegedly vandalising EEDC property Young Professionals berate alleged blackmailer of Justice Tsoho, call on the Body of Benchers to investigate his authenticity as a lawyer

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (541,737 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (443,531 views) Shameless Genevieve Nnaji exposes breasts in public (389,905 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (326,958 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (295,023 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,811 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (250,011 views) 10 cars more expensive than Jets (238,681 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,702 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,737 views) Lagos plane crash: Journalist releases victims’ names (196,047 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,623 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,451) Business Verdict (80) Columnists (1,112) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (813) Global Business Monitor (442) ICT Monitor (63) International (3,964) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (414) News (51,484) Opinion (1,360) Pidgin (17) Politics (11,453) Religion (1,102) Sports (2,170) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera