Stakeholders have urged the Federal Government to harness potential in the creative and cultural industry, to strengthen the growth of the economy.
The President of Asa Day Worldwide, Olaniyi Oyatoye, at a news conference yesterday, said Nigeria stands a great chance of surviving the current economic lapse if it can focus more on cultural tourism.
The news conference was to herald the Lagos 2021 Asa Day celebration, to be organised in partnership with the Lagos State Government. It will hold on November 21, and its theme is ‘Let’s use our cultural heritage to revive our economy’ .
Oyatoye said: “There is an urgent need for a meaningful and a sustainable financing of cultural development by the government, financial institutions and multinationals. The arts, culture and tourism sector has been denied government attention and financial empowerment.“
If properly funded, the creative and cultural industries will enhance and strengthen the growth of the economy, as well as contribute to stemming youth restiveness and criminality.’’
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