Nigerian governors have announced their support for the federal government’s aspiration of adding $100 billion to the country’s Gross Domestic Product (GDP) through its largely unexplored creative economy potential by 2030.
Specifically, the federal government said it aims to grow the contribution of arts, culture, tourism, and the creative economy to the GDP in the next five years, with a target of over 3 million jobs.
In a communiqué signed by the Chairman of the Nigeria Governors’ Forum (NGF), AbdulRahman AbdulRazaq, after a meeting late Wednesday in Abuja, the governors pledged full support for the federal initiative, describing it as vital to enhancing the growth of Nigeria’s creative economy and tourism sectors.
The governors outlined key initiatives, including the $200 million Creative Economy Development Fund (CEDF), the $1 billion Creative and Tourism Infrastructure Corporation, and landmark projects such as the Lagos Arena, Abuja Creative City, and Renewed Hope Cultural Villages as critical to the realisation of these goals.
