Key Points from the Minister of Information and Culture, Lai Mohammed at the Virtual Forum of African Union Ministers, responsible for Arts, Culture and Heritage

“We have set up a 22-member stakeholders committee to come up with immediate, short and long term economic stimulus and initiatives for the industry, in order to mitigate the effect of the pandemic on the sector”.

“Specifically, the committee is tasked with assessing the expected impact of the pandemic on the Art and Heritage sector in general; advising the Govt on how to mitigate job and revenue losses in the industry as well as to create succour for the industry small businesses.”

“Suggesting the type of taxation and financing that are best for the industry at this time to encourage growth, and advising the Government on any other measure or measures that can be undertaken to support the industry.”

“I have no doubt that the measures we are putting in place will yield positive results in sustaining the Creative Industry in Nigeria in the days to come”.

What do you think?

Written by

Leave a Reply

Your email address will not be published. Required fields are marked *

President Buhari directs Ministries of Power, Finance and the BPE to conclude engagement with Siemens AG over PPI

COVID-19: CBN Okays Reliefs on Loans in OFIs Sector, reduces interest rates on OFIs facilities from 9% to 5% per annum