Nigeria’s Bankers Committee To Release $100 Million Towards National Theatre Renovation

The CBN governor, Godwin Emefiele after an inspection tour, with the minister of information Lai Mohammed and other officials, of the national arts theatre complex currently under renovation, commented on the $100million commitment of Nigeria bankers committee. Promising that more money will be invested in this project, but it will be a business where the money will be repaid.

“I want to state unequivocally that we have received inquiries from investors in the United States who are interested in not only the National Arts Theatre, but also the creative opportunities that we are developing around here.”

“As a result, I must say that this is very exciting for us at the Bankers’ Committee as well as for the Central Bank of Nigeria.”

He went on to say that President Muhammadu Buhari would lay the groundwork for the four verticals – music, film, information technology, and fashion – on the day of its inauguration.

He thanked the Lagos State Government for its active support of the project expressing his delight at the progress made thus far.

“I’m getting excited because we’re hoping that by the end of this year, this complex will be hosting some programs and global activities.”

“We’d be talking to arts galleries, and hopefully by this year, we’ll be able to bring the arts exhibition into this complex because we know it’ll be ready by November.”

“So, in November, we can begin to bring this place back to us, and then breathe new life into Nigeria’s tourism sector, particularly in Lagos State,” he said.