Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home News

FG Hands Over National Arts Theatre To CBN For Rehabilitation, To Generate About 10,000 Jobs

by editor
July 12, 2020
in News, Nigeria News
Reading Time: 4 mins read
National Arts Theatre
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

FG Hands Over National Arts Theatre To CBN For Rehabilitation, To Generate About 10,000 Jobs

 

 

The Minister of Information and Culture, Lai Mohammed, has explained how the planned restoration and upgrade of the National Arts Theatre will generate about 10,000 jobs during and after the restoration.

He gave the explanation on Sunday in Lagos during the formal handover of the edifice and the adjoining 134-hectare fallow land to the Central Bank of Nigeria (CBN) and the Bankers’ Committee.

”The good news is that this project will not lead to a single job loss. Instead, it will create more,” the minister was quoted as saying in a statement by his media aide, Segun Adeyemi.

He added, “Some 6,000 jobs will be created during the construction phase while the completed project could generate up to an additional 600 permanent and 2000 to 3000 call-on/call-off jobs. This is as good as it gets.”

Mohammed faulted the claims of a plot by the government to sell of the facility, saying there was no plan of such.

He clarified that rather, the government has decided to bring life back to the edifice at a cost of N25 billion under a Public-Private Partnership (PPP) tagged the Lagos Creative and Entertainment Centre Project.

According to the minister, the project will be executed in two phases – with the first being the restoration and upgrade of the National Arts Theatre to its glory days at a cost of N7 billion and the second which entails the development of the adjoining fallow land at a cost of N18 billion.

He said, “This iconic National Theatre remains a national heritage and will not be ceded to any person or group, as some have chosen to frame what we are doing here today.

“What we are here to do is to hand over the National Theatre for restoration and upgrade and the fallow land within the premises to the Central Bank and the Bankers’ Committee for development.”

”The Federal Ministry of Information and Culture holds the keys to the National Theatre on behalf of all Nigerians,” Mohammed added.

The Minister of Information and Culture, Lai Mohammed, and his Youths and Sports counterpart, Sunday Dare; CBN Governor, Godwin Emefiele; and Lagos State Governor, Babajide Sanwo-Olu, with others at the handing over ceremony of the National Arts Theatre in the Iganmu area of Lagos State, south-west Nigeria.

He described the handover of the facility as a ‘historic day in the annals of the Creative Industry in Nigeria’, saying the project was a win-win for all involved.

The minister stated, “For over 40 years, no major renovation work has been done on the National Theatre, while the adjoining land has been lying fallow. Many attempts to restore the National Theatre have failed and the government has no money to restore the complex.

“As you know, this is the hub of the Creative Industry in Nigeria. The National Theatre was established to encourage the advancement of the performing arts throughout the country; to create opportunities for performing artists of the country, as well as to aid the promotion of social development and the improvement of the quality of life. In its present state, it is not living to its billing.”

A TV is hung on the wall at the National Arts Theatre in the Iganmu area of Lagos State, south-west Nigeria.

Recalling the glory days of the facility, the minister said the edifice once hosted all Nigerian State Government functions and musical extravaganzas such as the late Fela Anikulapo Kuti and Roy Ayers, Skyy, Shalamar, Whispers, Third world, and Dynasty.

He added that it also hosted stage events like Wole Soyinka’s adaptation of D.O Fagunwa’s Langbodo and even Stevie Wonder, who he said received one of his numerous Grammy Awards at the National Theatre.

The event was attended by Lagos State Governor, Babajide Sanwo-Olu, and his deputy, Dr Obafemi Hamzat; the Minister of Youth and Sports Development, Sunday Dare; and the CBN Governor, Godwin Emefiele.

Others present included the Chairman of the Committee of Banks’ CEOs, Herbert Wigwe, and the Permanent Secretary at the Ministry of Information and Culture, Grace Gekpe.

The project is expected to be completed in 18 months.

Highlights of the first phase, according to the statement, include the upgrade of the theatres – the main halls and cinema halls, conference and banquet halls, press hall and the bar; installation of new seats, upgrade of the sanitary facilities, installation of lifts, acoustics and specialist lightings; as well as replacement of the air conditioning, lighting and plumbing fittings.

The second phase would also involve the development of purpose-built clusters to provide world class facilities for Nigeria’s Creative Industry, with the clusters having four hubs – fashion, music, film and IT hubs.

 

 

ChannelsTV

 

Related Posts

Tinubu APC Presidential Ticket
News

FULL LIST: Nigeria Ranks Among World’s 60 Poorest Countries by GDP-PPP Per Capita

August 25, 2026
Military Training for Nigerian Troops
News

US Intensifies Military Training for Nigerian Troops

August 25, 2026
Sola Olugbemiro
News

Sola Olugbemiro, Founder of Nigeria Media Nite-Out Awards, Dies

August 24, 2026
Damola Aiyeola at 60
News

RSSOSA National President, Aare Adetola Emmanuelking, Hails Damola Aiyeola at 60

August 23, 2026
Nigerian Newspaper Headlines Today
News

Top 10 Nigerian Newspaper Headlines Today, 23rd August 2026

August 23, 2026
2027 Presidential Campaign Council Members
News

FULL LIST: Members of APC’s 2027 Presidential Campaign Council

August 22, 2026
Next Post
Police Rescue

Police Rescue U.S. Citizen Confined In Lagos Hotel For 16 Months

Magazine Cover

7th NBMA

The Road to October 10: 7th NBMA Unveils 590 Official Nominees

August 25, 2026
Poco Lee

Friends Rally Behind Dancer Poco Lee Following UK Detention

August 25, 2026
Soye Karibi-George

How to Vote for Nigeria’s Soye Karibi-George at 73rd Miss World Festival

August 25, 2026
2028 Africa Cup of Nations

Ethiopia Launches Bid to Host 2028 Africa Cup of Nations

August 25, 2026
Tinubu APC Presidential Ticket

FULL LIST: Nigeria Ranks Among World’s 60 Poorest Countries by GDP-PPP Per Capita

August 25, 2026
Military Training for Nigerian Troops

US Intensifies Military Training for Nigerian Troops

August 25, 2026
Poco Lee

UK Court Sets September 15 Hearing for Dancer Poco Lee Over Alleged Assault

August 24, 2026
Champions League Squad Lists

UEFA Sets Sept 2 Deadline for Champions League Squad Lists

August 24, 2026
Ogogo Laid to Rest

Nollywood Legend Ogogo Laid to Rest Amid Tears

August 24, 2026
Sola Olugbemiro

Sola Olugbemiro, Founder of Nigeria Media Nite-Out Awards, Dies

August 24, 2026

GPBN Associates Member

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

Fidelity Bank

GLAMTUSH

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

 

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glam Tush – Naija News & Entertainment News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Latest Naija News Today
  • Terms And Conditions
  • Write for Us

© 2026 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2026 Glamtush