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Stakeholders seek tax incentives to encourage investment in creative sector | TheCable

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Stakeholders in the creative sector have urged the federal government to provide tax incentives to the private sector to enable them invest in the art and literary industry. They made

October 2, 2022 9:07 AM

If private sector participation is increased, according to the experts, Nigeria will be well positioned to contribute to the global creative economy, and be well equipped to reshape African stories.Jude Idada, a screenwriter and actor said when creatives are encouraged to produce works that “travel” and can be measured globally, the country is “guaranteed a repatriation of funds”.

Idada, said creatives, especially writers, find it most challenging to distribute their work due to the lack of sufficient libraries and bookstores.

 

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