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National Arts Theatre will be ready in November – Lai Mohammed

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 The Ministers of Information Youth and Sports the Governor of CBN and the Governor of Lagos during the inspection tour of the ongoing renovation of the National Arts Theatre Iganmu Lagos on Saturday Aderonke Ojedir n The ongoing renovation work of the National Arts Theater Complex will be completed and inaugurated in November Information Minister Lai hellip
National Arts Theatre will be ready in November – Lai Mohammed

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NNN: The Ministers of Information, Youth and Sports, the Governor of CBN and the Governor of Lagos during the inspection tour of the ongoing renovation of the National Arts Theatre, Iganmu, Lagos on Saturday.

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/Aderonke Ojedirán

The ongoing renovation work of the National Arts Theater Complex will be completed and inaugurated in November, Information Minister Lai Mohammed said.

Mohammed spoke on Saturday shortly after making an inspection tour of the work done so far at the facility.

He praised the Bankers Committee for providing the funds for the project.

Mohammed also praised the Lagos state government for providing the enabling environment, especially in the areas of rail transport and the use of waterways.

“From what we have seen, a lot of work has been done here since our last visit in December 2021.

“We are pleased with the progress that has been made. We are hopeful. And we have crossed the rubicon.

“Come back in two months, we will all see that a lot of work has been buried,” he said.

The minister assured Nigerians that the renovation project “will not be an abandoned project”.

Speaking in Alao, Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), said that according to estimates, the project cost the Bankers Committee around $100 million.

“For the avoidance of doubt, this project is costing the bankers’ committee about $100 million. More will be invested in this project, but it will be in the business that the money will be made again.

“I am happy that foreign investors are already showing interest.

“I want to put on the record that we have received inquiries from the United States from investors who have said they are interested in taking a look at not only the National Theater of the Arts, but also the creative opportunities that we are developing here. .

“So I have to say this is exciting for us at the Bankers Committee and also at the Central Bank of Nigeria,” he said.

He added that President Muhammadu Buhari, on the day of the inauguration, would lay the groundwork for the four verticals: music, film, IT and the fashion center.

He thanked the Lagos State Government for actively supporting the project and stated that he was enthusiastic about the progress made so far.

“I’m excited because we hope that this year there will be some global programs and activities that will take place in this complex.

“We would be talking to the art gallery and hopefully we can bring the art show to this complex because we know that by November, this place will be ready.

“So in November we can start to bring this place back to us and then bring the tourism sector to life in Nigeria and particularly in Lagos state,” he said.

In his remarks, the Minister for Youth Development and Sport, Mr. Sunday Dare, commended the Lagos State Government and the Governor of CBN for their tenacious commitment to the National Theater renovation project.

He praised the governor of CBN for ensuring a steady flow of funds for the execution of the project.

The minister particularly expressed his joy that many jobs would be created for young people in the area of ​​creative entertainment.

“On behalf of the Nigerian Youth, the biggest beneficiaries of the renovation project, I want to congratulate the Federal Government and the Bankers Committee for starting the project,” he said.

Lagos State Governor Mr. Babajide Sanwo-Olu said the project would further help deepen the GDP of the state and the country as a whole.

He said he was particularly excited and grateful to the Bankers’ Committee for the investment.

Sanwo-Olu also said that the new National Theatre, when fully operational, will allow Nigeria to export its talent in the fields of fashion, arts, ICT and entertainment, among others, to Africa and the rest of the world.

“On behalf of all my millions of young people who are in Lagos, I want to sincerely thank, through the Governor of CBN, the Bankers Committee; its leaders are the ones here today, Mr. Herbert Wigwe and Mr. Segun Agbaje.

“But, I’m telling you, there are a lot of your other colleagues who are really committed to this project,” he said.

The Nigerian News Agency reports that the minister, the CBN governor and the Lagos state governor later inspected the railway station inside the National Threatre Arts Complex.

It also informs that the renovation works in the national theater of the arts would cover the amphitheater, the VIP suites, the ICT center, the cinemas, the banquet hall, the arts failure, the exhibition spaces, among others.

More than 16,000 direct and indirect jobs are expected to be created during and after the renovation of the complex.

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