The tourism, fashion and hospitality industries contribute over N3.2 trillion to national economy annually, a report by the federal government’s Post Covid-19 Initiative Committee on the creative industry has revealed.
The minister of Information and Culture, Alhaji Lai Mohammed yesterday gave an insight into the report recently submitted to the government by the committee led by ace comedian, Ali Baba.
Mohammed, who was a guest on NAN Forum in Abuja, said that the recommendations by the committee, set up to advise government on how to mitigate the effects of COVID-19 on the creative industry, were revealing.
He disclosed that an implementation committee will be set up on Tuesday, to determine which of the recommendations will be sent to the Federal Executive Council for policy decisions and National Assembly for legislation.
“Before now, we did not know that the fashion industry accounts for almost N2 trillion revenue that the hospitality and tourism industry accounts for about N1.2 trillion. The publishing and printing industry accounts for almost N1 trillion and about N720 billion worth of books and paper enter the country annually. The film industry accounts for about N140 billion, the music industry revenue is over N300 billion while the comedy industry accounts for about N17 billion,” he said.
The minister said that besides the revenues generated, the report revealed how many people were employed by each sector.
“You will be amazed that though the film industry account for only N140 billion, it employs almost half a million people. The broadcast and advertising industry which I think accounts for another N500 billion also employs almost 500,000 people. The beauty and hair care industry does not only account for about 30,000 practitioners, also about 15,000 pieces of hair care, beauty care are sold every month in Nigeria. We are also able to find out through that report that under hospitality industry, about 20,000 events take place every month only in Lagos while in the year 2016, about 1.9 million events were held,” he said.
The minister said the report detailed how the COVID-19 pandemic had negatively impacted on the various industries and suggested what could be done to kick-start and sustain their growth.
Why We Are Resuming Digital Switch Over Roll Out – FG
The federal government says it is resuming the rollout of Digital Switch Over (DSO) to revolutionise the broadcast industry, create jobs and take millions of Nigerians out of poverty.
Minister of Information and Culture, Lai Mohammed, disclosed this yesterday when he featured on the News Agency of Nigeria (NAN) Forum at the agency’s headquarters in Abuja.
He said the DSO, a transition from analogue to digital television broadcasting, is critical to the efforts of the government at repositioning the creative industry and making it the alternative to oil.
“The DSO is key to us because it is capable of providing between one to two million jobs in the next couple of years. President Muhammadu Buhari equally appreciates the fact that it is the DSO that can help to take out 100 million Nigerians out of poverty in the next ten years. We are very optimistic that the rollout will resume very soon,” he said.
The minister said they would have resumed the rollout of DSO since it was stalled in 2018 but because of constraints mainly on funding. “We have rejigged the DSO campaign and we are going back to the Federal Executive Council in the next couple of weeks to ask for certain impetus that will enable us to roll out more and this is largely about resources,” he said.