8 - Point Plan to Generate $100 Billion and 2 Million jobs in Nigeria.

The Federal Republic of Nigeria has launched 8 - Point Plans to generate $100 Billion and 2 Million jobs in Creative Economy.







The eight (8) Point plan focuses on transforming the country's creative economy With the aim of generating $ 100 billion yearly while creating over 2 Million jobs.




According to the minister of Art,Culture and the Creative Economy, Hannetu Musawa in Lagos, "The new strategy has the potential to grow Nigeria's creative economy by over 400% by 2027".




He further stated that, despite the Creative industry's vast potential it is currently contributing only $5 Billion to Nigeria's economy with many sector still underdeveloped.




To enhance the success and actualization of this, the minister outlined 14 pivotal initiatives grouped into four which include the following:




* Infrastructure and Funding 
* International Culture promotion
* Technology
* intellectual Property Monetization.




These are expected to increase government's revenue yearly.










As the giant of Africa, this bold step is obviously a right step in the right direction as it is a part of the efforts to position Nigeria as a global leader in the Creative Economy which no doubt would enhance economy diversification and more job creation in the country.

Comments

Post a Comment

Popular posts from this blog

Apple’s iPhone 17: What to Expect from the September 9 “Awe Dropping” Event

Image
  For tech enthusiasts, September is always a month of anticipation, but 2025 feels different. Apple is preparing to unveil the iPhone 17 lineup at its September 9 event, and based on leaks, analyst reports, and insider previews, this is not just another routine upgrade. Instead, Apple seems ready to redefine its iPhone strategy with a blend of bold design changes, powerful new features, and a focus on both premium and accessible options. From the introduction of the ultra-slim iPhone 17 Air to the massive camera overhaul on the Pro series, the iPhone 17 family could mark a turning point for Apple. Let’s break down everything we know so far. iPhone 17 Lineup: Four Models, Four Identities This year, Apple is expected to launch four models: iPhone 17 iPhone 17 Air iPhone 17 Pro iPhone 17 Pro Max The surprise addition is the iPhone 17 Air, which will reportedly replace the “Plus” model. At just 5.5mm thin, it could be Apple’s sleekest phone ever — a direct appeal to those who value de...
Read more

Nigeria: Lassa Fever Death Toll Rises to 159 – NCDC Raises Alarm

Image
  ABUJA, NIGERIA — The Nigeria Centre for Disease Control and Prevention (NCDC) has sounded fresh alarm as the death toll from the ongoing Lassa Fever outbreak in 2025 has climbed to 159 lives lost nationwide. The disease, which continues to spread across multiple states, has raised serious public health concerns as Nigeria battles to contain its deadly effects. What is Lassa Fever? Lassa Fever is an acute viral hemorrhagic illness caused by the Lassa virus, typically spread through contact with food or household items contaminated by urine or feces of infected multimammate rats. Human-to-human transmission is also possible, especially in healthcare settings without strict infection control. According to the World Health Organization (WHO), Nigeria remains the epicenter of Lassa Fever outbreaks in West Africa, accounting for the majority of reported cases in the region each year. Latest NCDC Report The NCDC weekly epidemiological update revealed that: 159 deaths have been recorded ...
Read more

Samsung Galaxy S25 Slim: Everything We Know So Far

Image
In an exciting update for Samsung fans, the elusive Galaxy S25 Slim has finally made its first official appearance. Following months of speculation and rumors, the device has now been confirmed and is expected to launch in the second quarter of 2025. This blog post will walk you through everything we know so far about this mysterious new addition to Samsung's lineup, from design rumors to its potential impact on Samsung's strategy. A New Addition to the Galaxy S25 Lineup Samsung's Galaxy S25 series was already expected to consist of three core models: the standard Galaxy S25, the larger S25 Plus, and the high-end S25 Ultra. However, a few weeks ago, a reputable Korean tech site hinted that Samsung would be adding a fourth model to the lineup. Known as the Galaxy S25 Slim, this new device is rumored to bring a slimmer profile to the Galaxy family without compromising on performance. Official Confirmation: Galaxy S25 Slim’s Certification The existence of the Galaxy S25 Slim ...
Read more