FG intensifies efforts to diversify Nigerian economy, hosts 36 states in creative art

The Federal Government has intensified efforts to diversify the Nigerian economy by partnering with the private sector to support natural creative art for export.

In week-long event, the Federal Ministry of Industry, Trade and Investment and Welcome to Nigeria Project gathered Small and Medium Enterprises (SMEs) from the creative art into Abuja in a bid to showcase the neglected sector to the public.

Speaking at the just-concluded EnjoyNigeria Expo, the Minister of State for Industry, Trade and Investment, Mariam Katagum, said the Future of Nigeria was assured through Cultural Creativity.

She stated that culto art “provides us with food for thought, especially here in Nigeria. The future and prosperity of our nation are in our collective hands, as it is what we have in our hands that we will use to break the cycle of poverty into prosperity.

“We have no other country than Nigeria, and only Nigerians can truly build the nation of our dreams. This was why the Federal Ministry of Industry Trade and Investment was very eager to collaborate with the Welcome to Nigeria Project and several other actors in the public service, in shining the light on the business opportunities that abound in the Creative, Entertainment, Cultural and Tourism industries.

“This Administration is therefore purposely driven, in repositioning and building a more robust and resilient economy that is less dependent on the oil sector, by developing a more competitive non-oil sector; through the Expansion of Business Growth; and Stimulating Entrepreneurship and Industrialisation.

“This is being done with due regard to the role of the private sector as major contributors to national income and principal job creators and employers of labour,” she stated.

Katagum explained that “as the exploits of Nollywood, the Nigerian film industry has shown us, when Nigerians decide to pay attention to any particular sector, we excel in it beyond our dreams.

“For example, the Nigerian fashion industry, which is now a pacesetter on the African continent. A few days ago, we had the highly successful Arise Fashion Show 2021, as part of Dubai Expo’s Nigeria National Day events, which took place in Dubai, United Arab Emirates.

“The show captivated the audience with the dynamic creativity and innovative styles of Nigerian fashion icons and pacesetters.

“ENEX 2021 is therefore designed to draw the attention of stakeholders in our nation’s creative, cultural, entertainment and tourism sectors, with emphasis on women and youth, and the potentials of the sectors they operate in.

“This is expected to assist them to build capacity in their respective businesses, as well as show them the various ways that they can turn their simple arts and skills into high revenue earners.

“This forum is also expected to draw the attention of the world to the fact that Nigeria has a lot of untapped potentials where investments can be made with high returns,” the Minister noted.

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FG intensifies efforts to diversify Nigerian economy, hosts 36 states in creative art