At the ongoing Arise Fashion Week 2020, the governor of Central Bank Nigeria reiterated the commitment of the apex bank and the Bankers Committee to growing the fashion industry.
“We are fully aware that the fashion industry in Nigeria can provide a positive and beneficial growth path for young Nigerians who seek to utilise their talents in creating products and services that offer value at home. And indeed, abroad. We will continue to ensure that these skills are harnessed to support the growth of the Nigerian economy, and also support the growth, the businesses of the Nigerian youth entrepreneurs.
“Our goal in rebuilding the National Art Theatre is to create an environment where startups and existing businesses are rewarded for their creativity. Efforts should be focused on finding the most innovative young entrepreneurs across the music, movie, fashion and IT industries.” “Over the next five years, the fashion initiative at the National Art Theatre will have supported 2,500 Nigerians with improved design skills while creating over 10,000 direct and indirect jobs in a cotton textile and garment industry,” said Emefiele.