Creative Industry

Nat. Theatre Redevelopment Project: Minister Commends PMB On Commitment To Creating Opportunities For Youth

Published

6 years ago

July 12, 2020

Joel Ajayi

The Minister of Youth and Sports Development, Mr Sunday Dare, has praised President Muhammadu Buhari for renewing his commitment to providing opportunities for the Nigerian Youth. He described the President’s call for investment in projects that will directly benefit young people as visionary and timely.

The Minister made this known on Sunday July 12th, in his remarks at the event to handover the National Theatre, Iganmu, Lagos, to the Central Bank Nigerian (CBN) and the Bankers Committee for its redevelopment into the Lagos Creative and Entertainment Centre.

“Today’s event is another giant step towards strengthening President Muhammadu Buhari’s commitment to create opportunities for our teeming Youth. For me, this project fits perfectly into his challenge to me to seek out and collaborate with willing partners to keep the Nigerian Youth busy. The potentials of this four component New National Theatre is massive in job creation for our Youth, talent discovery and development, revenue generation and as an innovation and technology hub.

“With the pandemic still biting hard at our nation and the world at large, this project is a much needed shot in the arm to vaccinate our Youth against the multi-headed challenges of unemployment, criminality and the negative impressions forced on them by the very few unscrupulous individuals, who have chosen a life of crime on the international scale.”

The event was attended by the Minister for Information, Culture and Tourism, Alhaji Lai Mohammed; the Governor of Lagos State, Mr. Babajide Sanwo-Olu; the CBN Governor, Mr. Godwin Emefiele; and the Chairman of the Bankers Committee, Mr. Herbert Wigwe.

Mr. Dare thanked the Bankers Committee for their will to invest in the Youth, saying it was worth the risk. He added that the creative industry in Nigeria which is fueled by the energy and imagination of the Youth, is a lucrative venture.

“It is now commonplace to hear music produced by our Youth in shopping malls of Dubai, New York, London, and Moscow amongst other great cities of the world,” he said. “In terms of downloads, Nigerian artistes like WizKid and Davido are punching at a global level. From the Royal Albert Hall to 02 Centre in London, to virtually all African capitals, sold out audiences in some cases exceeding 35,000 people have paid premium prices to see these amazing home-grown Nigerian products perform. The value chain they lubricate – from legal specialists, logistics, video/graphic artists, fashion, broadcast engineering and much more – are extensive.”

The National Theatre property and the entire land was officially handed over by Alhaji Lai Mohammed since the establishment is under his ministry, which is in a partnership with the Lagos State Government, the Bankers’ Committee and the Ministry of Youth and Sports Development on the project. The project, which is to be completed in 18 – 22 months, would convert the National Theatre to a creative village, with four other pillars, including a pillar for the film industry; one for the music industry, one for fashion and another one for Information Technology.

“One strand that binds the millennial generation is their love for the creative arts and entertainment. These are the lifeblood of the new millennial economy,” Mr. Dare said. “Despite the crowded global market, Nigerian Youth have excelled with their music permeating every corner of the globe. They are etching the Nigerian brand in the consciousness of their generational peers, as a country that can produce the very best. For each of the examples given, there are millions amongst our Youth with talents, innovative ideas and skills, who are unable to access much needed technology and credit. They all need their country’s support. That support pipeline is born today.

“The Nigerian Youth represents a critical component in propelling the world towards attaining the sustainable development goals.”

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Creative Industry

CAFA Targets $500bn Fashion Economy At Canex Wknd 2026

Published

1 week ago

November 1, 2026

The Gleamer

Joel Ajayi

The Confederation of African Fashion (CAFA) will present its roadmap to grow Africa’s fashion economy from an estimated $30 billion to $500 billion at CANEX WKND 2026 in Lagos.

Marking its first anniversary on November 5, CAFA will unveil a joint stand with the Federal Ministry of Art, Culture, Tourism and the Creative Economy at the Wole Soyinka Centre for Culture and the Creative Arts, formerly the National Arts Theatre, on November 5, 2026.

CAFA President, Aare (Prof.) Lai Labode, said the institution works with African governments to align sourcing, production, trade and intellectual property policies, ensuring African creativity generates greater value for African businesses and communities.

Nigeria became the first country to sign the African Fashion Industry Growth Charter on November 5, 2025, when the Honourable Minister Barr. Hannatu Musa Musawa signed on behalf of the Federal Government.

Speaking ahead of the unveiling, Minister Musawa said: “Afroliganza seeks to build a structured, values-driven fashion economy rooted in African heritage, led by African institutions, and positioned for global impact.”

On employment potential, the minister emphasized that Investment in fashion will create millions of jobs, particularly for women and youth.

Registered in Rwanda, with an office in Kigali and a desk at the Federal Ministry of Arts, Culture, Tourism and the Creative Economy, CAFA is also working with Nigeria’s Ministry of Foreign Affairs towards African Union adoption of the Charter. Rwanda is progressing towards becoming its second participating country and the first in East Africa.

Its first year saw fifty nations gather at the Egbaliganza-Lisabi Festival in Abeokuta and a signed MoU with Türkiye’s ASRIAD.

CAFA’s programmes promote processing African raw materials into finished apparel locally. ‘Own What We Create’ addresses intellectual property protection, while the CAFA Certified Seal and CAFA Heritage Mark support standards and authenticity. African Global Fashion Houses are currently being established across international markets.

The African Global Fashion Games will debut in Nigeria in 2028, bringing designers together under national colours. Held every three years, the Games will alternate between African and international hosts, combining competition with investor meetings, deal signings and policy discussions. Its Instant Craft event gives competing nations identical materials and a fixed clock, placing skill at the centre of the contest.

CAFA is inviting creatives, fashion designers, artisans, diplomats, economists, investors and policymakers to its CANEX stand. Visitors can explore the roadmap, ask questions and identify opportunities to contribute through design, manufacturing, investment, research, trade and international partnerships. The stand will be open daily from November 5 to 8.

CAFA calls on the African Union to adopt the Charter, and governments to sign the Games Register and form national teams.

“Fashion has always told the world who Africa is. Now Africa will decide what fashion pays,” Aare Prof. Lai Labode said.

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