Musawa: Lagos Arena project to be delivered in 18 months
Nigeria's Minister of Arts, Culture, and the Creative Economy, Hannatu Musawa says the Lagos Arena project, designed to be the Global Home for Afrobeats to project Nigerian music and pool investments will be delivered in the next 18 months. In a chat with CNBC Africa, she highlights a 5-year timeline for the Abuja Creative city while stating stakeholders’ engagement have been completed on an Intellectual Property Policy which will be delivered as soon as the Federal Executive Council meets.
Mon, 10 Mar 2025 11:49:37 GMT
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AI Generated Summary
- The Lagos Arena project, set to be completed in 18 months, aims to be the Global Home for Afrobeats, showcasing Nigerian music and attracting investments into the industry.
- A comprehensive 5-year timeline has been outlined for the development of the Abuja Creative City, signaling a long-term commitment to boosting the creative economy in Nigeria.
- Stakeholders have finalized discussions on an Intellectual Property Policy, which is awaiting approval from the Federal Executive Council and is expected to play a crucial role in safeguarding the rights of creatives.
Nigeria's Minister of Arts, Culture, and the Creative Economy, Hannatu Musawa, recently revealed ambitious plans aimed at transforming the country's creative industry. In an exclusive interview with CNBC Africa, Minister Musawa announced that the highly anticipated Lagos Arena project, designed to be the Global Home for Afrobeats, is set to be completed within the next 18 months. This project is not only focused on promoting Nigerian music but also aims to attract investments into the industry. Additionally, she outlined a comprehensive 5-year timeline for the development of the Abuja Creative City, another groundbreaking initiative to bolster the creative economy in the country. Minister Musawa also disclosed that stakeholders have concluded discussions on an Intellectual Property Policy, which is poised to be implemented following approval by the Federal Executive Council. These strategic initiatives are expected to have a significant impact on Nigeria's cultural landscape and position the nation as a hub for creativity and innovation. The unveiling of these projects underscores the government's commitment to harnessing the potential of the arts and culture sector for economic growth and global recognition.
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