Nigeria: Creative Industry Will Contribute $100bn to Nigeria's Economy By 2030 - FG

The Federal Government says it is targeting a $100bn contribution to Nigeria's Gross Domestic Products (GDP) from the creative industry by 2030.

The Minister of Culture, Art and Creative Economy, Barrister Hannatu Musa- Musawa on Tuesday in Ijebu-Ode, Ogun State, during the celebration of this year's Ojude Oba festival.

The Minister who was represented by the Director of Cultural Agencies and Heritage, Dr Ben Ugo Anama, said "in line with the President Bola Tinubu's Renewed Hope Agenda, the ministry will always to collaborate with stakeholders to promote, preserve and protect the rich cultural heritage of our nation to ensure it reaches its enviable height according to our vision for the Ministry called destination 2030.

"This vision considers the potentials in arts, culture and creative economy in terms of its ability to create economic expansion. Our ambitious goals is predicated on this drive which is capable of yielding over $100bn, an increase in the gross domestic product by the year 2030."

The Minister said that the Federal government will activate plans to list the annual Ojude Oba Festival as one of the of the festivals backed by the United Nations Educational, Scientific and Cultural Organization.

While rejoicing with the sons and daughters of Ijebuland over the success of the festival and the good image it has given the country over the years, Musa-Musawa said that she had also observed that the festival has not gotten no elements of UNESCO approval as one of its approved festival.

The Minister said that the status of a festival like Ojude-Oba with its profound impacts in the tourism sector of the country deserves to be listed by the international body vowing to activate all the processes to get this done without further delay.

Speaking at the event, the governor of Ogun State, Dapo Abiodun hailed Ojude-Oba and described it as a festival that has given Ijebuland and indeed, the people of Ogun State a distinct identity.

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