FG to support creative industry with N50 billion after COVID-19

The Federal Government has introduced its choice to support the Nigerian creative industry with a sum of N50 billion after eradicating COVID-19.

The Minister of Information and Culture, Alhaji Lai Mohammed, made the announcement in a latest assertion whereas responding to the calls for of the sector, which has been negatively impacted by the Covid-19 pandemic.

 

He famous that the Creative Industry stays the worst hit by the Covid-19 pandemic as a result of it’s audience-centred and, with the social distancing, ban on mass gathering and journey restrictions put in place globally, the fortunes of the industry has taken a nosedive.

 

“This is why we have now determined to face the challenges squarely. Realizing the crucial of getting a collective and government-supported strategy in dealing with the state of affairs, we have now arrange a 22-member stakeholders committee, chopping throughout artwork, tradition, heritage, tourism, streaming, music, movie, and so forth., to come up with speedy, quick and long run financial stimulus and initiatives for the industry, so as to mitigate the impact of the pandemic on the sector,” the Minister mentioned.

 

Mohammed additionally mentioned the Federal Government may also amend the Act establishing the National Endowment for the Arts to allow it to play a pivotal position in responding to the calls for of the sector, which has been negatively impacted by the Covid-19 pandemic.

 

”We have determined to amend the Act establishing the National Endowment for the Arts so it might probably higher meet the calls for of the sector, which has been vastly impacted by the pandemic,” he famous.

 

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About the Author: Dele Oshodi

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