Creative Economy To Contribute $100bn To GDP By 2030 – Hannatu Musawa
The Minister of Art, Culture and Creative Economy, Hannatu Musa-Musawa, has revealed plans to transform Nigeria’s creative space with a goal of contributing $100 billion to Nigeria’s GDP by 2030.
She also said the eight-point agenda she introduced in her ministry is already driving the pursuit of the projection.
Musa-Musawa made the revelation during an interaction with journalists.
“One of the things that we looked at in terms of the potential of the industry was its ability to create an economic expansion. We came up with a very ambitious goal of trying to contribute at least $100 billion to increase the GDP by 2030 or 2031. It has the potential to bring in economic growth,” she stated.
She said President Bola Ahmed Tinubu created the ministry to diversify the nation’s economy.
“He is committed to diversifying from our normal means of revenue, which is oil. In that diversification, he created this amazing ministry – art, culture, and the creative economy – the first of its kind in Nigeria.
“When I got this job, I decided to approach it from a ground zero point of view because I really felt that not much had been done in the space, to create a fortifying sort of industry-specific structure.
“The basic things that are needed to put a foundation were not there, so we approached it from a ground zero perspective.
