FG approves N7 bn to support creative industry

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The federal government says it has, through the Bank of Industry (BoI), approved a facility of about N7 billion for Nigeria's creative industry.

The federal government says it has, through the Bank of Industry , approved a facility of about N7 billion for Nigeria’s creative industry.

Represented by her Special Adviser on Information and Communication Technology , Armstrong Takang, the minister said the fund was approved to the creative group of 35 firms in content production, content distribution, production equipment, digital transmission equipment among others. She said that the beneficiaries were trained and certified in animation, graphic design, post-production and script writing.

Expressing optimism, she said that the music industry was set to grow by 13.4 per cent by 2021, with an estimated worth of about $73 million, adding that the gaming industry in Nigeria was also growing.

 

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FG approves N7 bn to support creative industry - The Nation Latest Nigeria News, Nigerian NewspapersThe Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira under its creative industry group. Ahmed said this at the Greeners Business-to-Business Annual National Economic Dialogue 2020 held in Abuja on Saturday. The economic dialogue has a … Them done come again
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