Culture, Tourism ministries eye huge foreign investment

•Hold retreat for management workers

The Ministry of Culture, Art and Creative Economy, and its Tourism counterpart have said they expect Nigerians in the Diaspora to investment in the sectors.

Culture, Art and Creative Economy Minister Hannatu Musawa announced this at the weekend at the opening ceremony of a retreat for top management workers and heads of agencies of both ministries.

The joint retreat, with the theme: Strategic Communication, Collaboration, Organisation Productivity and Excellent Schedule, was part of efforts to reposition the ministries to deliver on their mandates and contribute to the country’s Gross Domestic Product (GDP).

Musawa said both ministries had developed structures needed to address implementation challenges.  

The minister said there was a need for both ministries to work together and synergise towards achieving President Bola Tinubu’s Renewed Hope Agenda.

She said: “We need to work in a cohesive manner. We need to have synergies. However, I think in terms of implementation of that intention, we have not been able to do that.

“Thank you for being able to recognise this… We have done a lot of hard work in terms of trying to put that structure together. We’re at the point of activation and implementation.

Read Also: Nigeria @ 64: A turbulent journey to nationhood, survival

“It is the right time for us to ensure that as we go along with this implementation, we do it in a way that carries everyone along to ensure that we go along with this implementation.”

Musawa also announced that the ministry was sourcing for funds for most of the projects outside its budget provision.

“I’m working to ensure that the budget of my ministry – at least, and the way it’s set up in the ministry – is harmonised. That will reflect the responsibility and the expectations that we’re hearing.

“I’m working very hard; I promise you… The other thing I’m doing in my ministry – and I know with the Tourism Ministry as well – we’re looking outside. We’re looking for investment coming in from outside.

“As you would know, it has been announced that my ministry has been able to secure $200 million from AFRIXM Bank to invest in the tourism industry. Now, that money is coming straight in.

More posts