Musawa: FG Targeting Creative Economy as Africas Growth Engine

Folalumi Alaran in Abuja

The federal government has reaffirmed its commitment to repositioning Nigeria as the cultural and tourism hub of Africa, describing the creative economy as a major catalyst for trade, investment, and sustainable growth across the continent.

Speaking at the maiden edition of the Africa Tourism and Creative Economy Expo (ATCEE) held in Abuja on Sunday, the Minister of Arts, Culture, Tourism and the Creative Economy, Hannatu Musa Musawa, represented by the Permanent Secretary, Dr. Mukhtar Muhammad Yawale, said the Tinubu administrations Renewed Hope Agenda is prioritising the creative sector as a strategic pillar for economic diversification and job creation.

Musawa said the government is pursuing a broad policy framework to develop creative clusters and innovation hubs, revitalise heritage and tourism sites, and expand access to credit for entrepreneurs in the sector through partnerships with financial institutions, notably the Bank of Industry.

She added that the ministry is also strengthening cultural diplomacy to enhance Nigerias global reputation and soft power.

We must move beyond the rhetoric of potential to the practicality of implementation, Musawa said. The creative economy is not just a sector; it is a catalyst for innovation, job creation, and continental identity.

The minister noted that with Africas youthful population and growing digital economy, the continents cultural and tourism assets could serve as a powerful driver of intra-African trade under the African Continental Free Trade Area (AfCFTA).

She commended Afrocultour Limited, organisers of the Expo, for providing a platform that connects government, private investors, and innovators to unlock opportunities within Africas creative and tourism ecosystem.

In his opening address, the Managing Director of Afrocultour Limited and convener of the Expo, Mr. Chuks Akamadu, said the initiative was designed to address Africas low contribution to global trade, which stands at less than three percent despite its vast resource endowments.

He unveiled a new evaluation mechanism tagged Cultourmetre – a continental tool developed in partnership with the African Union Commission (AUC), AfCFTA Secretariat, Afreximbank, and a global audit firm – to measure and rank the performance of African countries in mainstreaming culture and tourism into their national economies.

Africa cannot continue to sit on her fortunes while remaining a destination for foreign aid, Akamadu said. The Cultourmetre will help track measurable progress and ensure accountability across the continent.

Also speaking, the Ambassador of the Democratic Republic of Congo, Her Excellency Pascaline Gerengbo Yakivu, applauded Nigerias leadership in promoting African cultural identity and regional cooperation through tourism.

She noted that the D.R. Congo has intensified efforts to attract investment through cultural showcases and tourism fairs that celebrate its music, biodiversity, and national landmarks.

The Africa Tourism and Creative Economy Expo, themed Optimizing Africas Comparative and Competitive Advantage for Accelerated Trade and Economic Growth, drew policymakers, investors, diplomats, and creative entrepreneurs from across the continent to explore strategies for unlocking Africas cultural and tourism potential as engines of inclusive growth.

​  

  • Related Posts

    BREAKING: Egbe Residents In Kogi On Alert As Bandits In New Tactic Spray Chemicals Before Abducting Victims

    This tactic is about spraying chemical substances inside homes to sedate victims before abduction.  ArticlesRead More 

    Read more

    BREAKING: Tension As Unknown Gunmen In Abia State Kill Nigerian Soldier

    According to military sources, David was attacked at his father’s house at Ngwa Road, Aba around 2pm.    ArticlesRead More 

    Read more

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 

    Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 

    Senegal mobile money tax: Experts push to shift levy from users transactions to service providers 

    Senegal mobile money tax: Experts push to shift levy from users transactions to service providers 

    Nigerian army seizes over 108 kilograms of cannabis, arrests suspect in Kogi state 

    Nigerian army seizes over 108 kilograms of cannabis, arrests suspect in Kogi state 

    Price check: What Christmas trees really cost in Nigeria in 2025 

    Price check: What Christmas trees really cost in Nigeria in 2025 

    What UACN’s 182 Billion Naira Investment Means for Investors 

    What UACN’s 182 Billion Naira Investment Means for Investors 

    NNPCL earns N29.21 trillion from crude oil sales in 2024 

    NNPCL earns N29.21 trillion from crude oil sales in 2024 

    Why the stock market lost over N2 trillion last week!

    Why the stock market lost over N2 trillion last week!

    GTCO, Access Corp rally as banking stocks drag NGX lower 

    GTCO, Access Corp rally as banking stocks drag NGX lower 

    How Fast Credit’s N2bn SME financing initiative will boost business growth in Nigeria 

    How Fast Credit’s N2bn SME financing initiative will boost business growth in Nigeria 

    South West governors to establish joint digital security intelligence platform 

    South West governors to establish joint digital security intelligence platform 

    CBN proposes five-year ban on repeat dud cheque offenders 

    CBN proposes five-year ban on repeat dud cheque offenders 

    Nigeria pushes for African veto seat at UN Security Council 

    Nigeria pushes for African veto seat at UN Security Council 

    UK to enforce mandatory electronic travel authorisation from February 2026 

    UK to enforce mandatory electronic travel authorisation from February 2026 

    NNPC/Seplat JV Inaugurates Power System, Underground Cabling Project

    NNPC/Seplat JV Inaugurates Power System, Underground Cabling Project

    NLNG Reaffirms Commitment to Deepening Partnerships with Local Firms

    NLNG Reaffirms Commitment to Deepening Partnerships with Local Firms

    Lekki Port Awards Scholarships to 60 Students in Host Communities

    Lekki Port Awards Scholarships to 60 Students in Host Communities

    Psaltry, NADF, Others to Empower 15,000 Female Cassava Growers

    Psaltry, NADF, Others to Empower 15,000 Female Cassava Growers

    Deal with Conoil  Takes TotalEnergies’ OPL 257 Stake to 90%

    Deal with Conoil  Takes TotalEnergies’ OPL 257 Stake to 90%

    Reps panel alarmed at rising POS fraud, unlicensed crypto operations

    Reps panel alarmed at rising POS fraud, unlicensed crypto operations

    Pastors and Imams must pay tax on salaries – Oyedele 

    Pastors and Imams must pay tax on salaries – Oyedele 

    Lagos food prices decline except for onions, fish and a few essentials 

    Lagos food prices decline except for onions, fish and a few essentials 

    Court reverses FIRS’s N5.3billion tax judgment against AEDC over bias, orders retrial 

    Court reverses FIRS’s N5.3billion tax judgment against AEDC over bias, orders retrial 

    Africa is No Monolith: Building tech solutions that fit the market

    Africa is No Monolith: Building tech solutions that fit the market

    Paystack fires Ezra Olubi over serial misconduct allegations

    Paystack fires Ezra Olubi over serial misconduct allegations

    NAHCO in 2025: Strong earnings, soaring stock, but working-capital pressure looms 

    NAHCO in 2025: Strong earnings, soaring stock, but working-capital pressure looms 

    Why Mshel Horizon, Kukwuba is Abuja’s next big property move 

    Why Mshel Horizon, Kukwuba is Abuja’s next big property move 

    FCMB clarifies N400 billion capital-raise ceiling, move triggered by CBN compliance  

    FCMB clarifies N400 billion capital-raise ceiling, move triggered by CBN compliance  

    NNPCL records N5.4 trillion profit for 2024, targets 3m bpd output by 2030

    NNPCL records N5.4 trillion profit for 2024, targets 3m bpd output by 2030

    Cybercrime Charge: Judge’s absence shifts Senator Natasha Akpoti’s objection hearing to February 4 

    Cybercrime Charge: Judge’s absence shifts Senator Natasha Akpoti’s objection hearing to February 4 

    BREAKING: NNPC posts N5.4 trillion net profit in 2024 – Official

    BREAKING: NNPC posts N5.4 trillion net profit in 2024 – Official

    Zenith Bank celebrates tech excellence, rewards Hackathon winners with N140 Million at Tech Fair 5.0

    Zenith Bank celebrates tech excellence, rewards Hackathon winners with N140 Million at Tech Fair 5.0

    Lagos poultry farmers project chicken, egg prices drop driven by subsidy 

    Lagos poultry farmers project chicken, egg prices drop driven by subsidy 

    Johnnie Walker Set for Historical Launch in Nigeria

    Johnnie Walker Set for Historical Launch in Nigeria

    11 Best MagSafe Wallets (2025), Tested and Reviewed

    11 Best MagSafe Wallets (2025), Tested and Reviewed

    16 Best Air Purifiers (2025): Coway, AirDoctor, IQAir

    16 Best Air Purifiers (2025): Coway, AirDoctor, IQAir

    Europe Is Bending the Knee to the US on Tech Policy

    Europe Is Bending the Knee to the US on Tech Policy