National Theatre: CBN to create 35,000 jobs

The Central Bank of Nigeria says 10,000 direct jobs will be created and 25,000 people engaged at the clusters to be constructed at the National Theatre by the banking sector.

The CBN Governor, Godwin Emefiele, made this known in a statement on Sunday while handing over the National Theatre to the Bankers’ Committee.

“We anticipate that there would be at least 10,000 direct and indirect jobs created during the construction of the Lagos Creative & Entertainment Centre.

“We also project that over 25,000 people will be engaged in different sections of the centre when the signature cluster is completed, with the anticipated multiplier effect of other job opportunities,” Emefiele said.

He disclosed that the committee was providing funding for a prototype cluster located to the north of the National Arts Theatre, a development which it had labelled the ‘Signature Cluster.’

The facility would provide space, support network, business development, and community engagement for the creative, cultural, and technology sectors, he stated.

Emefiele said the cluster would consist of a building each for music, film, fashion, and information technology verticals.

He explained that the 44-hectare site adjourning the National Theatre would be developed into purpose-built creative hubs for the fashion industry, music and film, and information technology.

According to Emefiele, the project aims to deliver a successful creative and entertainment city that would encourage additional investment into Nigeria’s creative industry.

He assured that the Ministry of Information and the CBN/Bankers’ Committee would ensure that the edifice was managed by a world-class facility manager.

Ehime Alex
Ehime Alex
Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

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