Tag: Creative Industry
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FG rolls out development fund for creative sector
Hannatu Musawa, Minister of Art, Culture, Tourism, and Creative Economy (FMACTCE) says the Federal Government, through the ministry, has launched the Creative Economy Development Fund (CEDF) to ensure that creative industries thrive.
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Death denied us opportunity to celebrate Sammie Okposo – Duke
Amb. Felix Duke, the National President of Creative Industry Group (CIG), says it is unbelievable and difficult to accept that a Gospel music legend, Sammie Okposo, is no more.
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Minister advocates grants, tax holidays for creative Industry
Dr Ramatu Aliyu, Minister of State for FCT, has solicited various waivers, grants, tax holidays, rebates and other related incentives as part of measures to boost the creative industry. Aliyu made the call while delivering a lecture at the ongoing 2022 Zuma Film Festival. The festival has the title: “Post COVID-19 funding policy framework partnerships…
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Nigeria safe to host maiden global tourism conference – Lai Mohammed
The Federal Government says that the country is safe to host the first Global Conference on Cultural Tourism and Creative Industry scheduled for Nov. 14 to Nov. 17 in Lagos. The Minister of Information and Culture Alhaji Lai Mohammed said this when he featured on a phone-in programme of the Radio Nigeria monitored by newsmen…
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Nollywood associations protest over non-inclusion in FG’s initiative to mitigate effects of Covid-19 on creative industry
A coalition of Nollywood associations have registered their discomfort over their non-inclusion in the Federal Government‘s initiative to mitigate effects COVID-19 on the creative industry. In the statement obtained by TheNewsGuru and signed by Presidents of Nollywood guilds like Emeka Rollas, Mr Latin, Fred Amata and others, they urged the Federal Government to include the…
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FG approves N7bn intervention fund for creative industry
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira under its creative industry group. Ahmed said this at the Greeners Business-to-Business Annual National Economic Dialogue 2020 held in Abuja on Saturday. The economic dialogue has a…
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CBN sets $10.7bn growth target for creative industry
After announcing the injection of N22 billion seed capital into the creative industry, the Central Bank of Nigeria (CBN) on Monday gave the movie production and distribution a $10.7 billion growth target in the next five years. CBN Governor Godwin Emefiele who broke the news yesterday at the Creative Nigeria Summit in Lagos with theme:…
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Creative industries to benefit from EU online copyright reform
The creative industries will benefit from online copyright reform as the European Union (EU) is set to rewrite its two-decades-old copyright rules. The online copyright reform will force Google and Facebook to share revenue with the creative industries and remove copyright-protected content on YouTube or Instagram. Negotiators from the EU countries, the European Parliament and…
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FG’s support for Creative Industry paying off – Lai Mohammed
The increased attention and support being given the Creative Industry by the Buhari Administration has started yielding fruits, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking at the premiere of the movie ”Wedding Party 2” in Lagos on Sunday, the Minister listed the pioneer status granted to the Industry, the stepped-up…