and the Bankers Committee will on Wednesday commence the implementation of the N22 billion Creative Industry initiative with the takeover of the National Theatre.
He said the banking industry, through the initiative which would be implemented over a five year period, will support the development of 50 additional cinemas, and increase the contribution of the movie industry to the nation’s Gross Domestic Product to three percent from the current level of one percent.
“When they are able to achieve this objective of creating a new music product, a high-quality movie, an IT software application, or a fashionable outfit, we will work to ensure that they are able to distribute their work on a large scale around the globe.
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