National Theater has Being Handed Over to Banks By the Federal Government





The National Theatre at Iganmu, Lagos State, has being handed over to the Central Bank of Nigeria and the Bankers’ Committee by the Federal Government for rehabilitation.

Godwin Emefiele, CBN Governor, made a speech during the handover ceremony on Sunday that, bankers were aiming to create one million jobs from the project in the next five years.

He further said after the completion of the renovation works at the National Theatre, along with the supporting facilities that would be built around it, the banking sector intended to set up similar creative industries centres in Kano, Port Harcourt or Enugu.

According to him, the supporting facilities include a hotel and an expansive conference centre.

While thanking the Federal Government for its support, he said, “Our goal for the National Theatre is to create an environment where startups and existing businesses are rewarded for their creativity.

The event was attended by dignitaries, including the Minister of Information and Culture, Alhaji Lai Mohammed, and the Lagos State Governor, Babajide Sanwo-Olu.

The National Theatre, when fully renovated, will be able to support skills acquisition and job creation for over one million Nigerians over the next five years making them to turn their ideas into reality.

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