The rehabilitation of the National Arts Theatre is to cost the Bankers\u2019 Committee a whooping sum of $100m, the Central Bank Governor, Godwin Emiefele has said.
\nEmefiele stated this at the \u2018Arise Fashion 2021\u2019 programme, which was organised by Arise News during the Dubai UAE Expo 2020 event in Dubai, last Friday night.
\nWhile thanking President, Muhammadu Buhari for giving the Bankers\u2019 Committee the opportunity to revamp the National Arts Theatre, Emefiele said that the project would cost the Bankers\u2019 Committee almost $100m to resuscitate and revamp the National Art Theatre.
\n\u201cIt is not just about resuscitating it; by the design of the National Art Theatre, what we intend to do is to develop four creative hubs around the theatre.
\n\u201cThe National Art Theatre can contain in a particular gathering at least 7,500 people. We do hope that come 2023 and onwards, we will begin to see these fashion shows being held around the premises of the National Art Theatre\u201d, he said.
\nExplaining the four hubs to be established, Emiefele said, \u201cthe hubs are the fashion hub, music hub, the film, and to support these, the IT, where we are going to have Nigeria\u2019s young and talented IT developers, developing software to increase and earn revenue for themselves and also to support the revenue base of the country.
\n\u201cWe are trying to build infrastructure to support the creative industry in Nigeria.\u201d
\nEmefiele said that the country\u2019s deposit money banks were set up in 2020 to make it possible for young and talented youths in the creative industry to raise finance to establish or grow their businesses.
\nThe Chairman, Arise News, Nduka Obaigbena, said it decided to showcase the event, which was live on television in 200 countries, supported by Arise News and some other media.
\n\u201cWe celebrate Nigeria because, like it or not, the building blocks of the Nigerian century is afoot despite the challenges that we face; our generation will ensure that we build a Nigeria that can stand the test of time in 2050 as the third largest and most populous economy in the world.
\n\u201cAnd those building blocks you can see in the power of creativity, technology and the power of everything else. We are determined to tell the world that the time of Nigeria is here\u201d, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The rehabilitation of the National Arts Theatre is to cost the Bankers\u2019 Committee a whooping sum of $100m, the Central Bank Governor, Godwin Emiefele has said. Emefiele stated this at the \u2018Arise Fashion 2021\u2019 programme, which was organised by Arise News during the Dubai UAE Expo 2020 event in Dubai, last Friday night. While thanking […]<\/p>\n","protected":false},"author":1,"featured_media":282320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"yoast_head":"\n