Hannatu Musawa, the minister of arts, culture, and the creative economy, has alluded to her ministry’s intentions to increase the GDP of the country by a substantial $100 billion by 2030.
Additionally, she stated that the plan calls for the creation of two million employment for Nigeria’s swarming youth population in the same time frame.
She gave this hint when outlining the ministry’s activities and suggested action plans for a media briefing in Lagos.
Musawa provided insight into the various projects her ministry has been working on since her ascent in recent months. She was accompanied by her Principal Adviser, Faiz Imam, Prince Baba Agba, and other aides.
“I am pleased to announce that our ministry is now at the implementation stage. We have laid the necessary foundations and are ready to roll out strategic initiatives that will significantly contribute to the industry’s growth. We have achieved notable milestones in advancing Nigeria’s economic diversification and tourism sector. Our vision is to build an integrated, data-driven, and investment-friendly ecosystem that unlocks the vast opportunities within this industry,” she said, adding, “President Bola Ahmed Tinubu mandated me to take all necessary steps to ensure that industry players receive the support they need to grow and thrive.”
“Its key features include infrastructure audit, a tool to guide public-private partnerships and targeted investments. Industry Forecasts: Providing data-driven insights to help industry players and investors make informed decisions. One of the biggest challenges for industry stakeholders and investors is the lack of reliable data on where to invest, noting that the D-30 platform will bridge this gap by ensuring clear, data-driven assumptions that incorporate planned investments, forthcoming policy reforms, and key infrastructure developments. These insights will be transparently shared on the platform to guide investors, highlight the government’s proactive role, and support our Destination 2030 goal of creating 2 million jobs in the creative and tourism sectors.”
According to her, “One of our core mandates is to have a cultural expansion- to make Nigeria the cultural and creative hub, not only of Africa, of the world, like I said, leveraging on the great strides that Nigerian creatives have already done, but also to have an economic expansion. We are part of the economic team, and what we have done in the ministry is we have committed ourselves to contributing at least $100 billion to expand the GDP by 2030.
“We’ve been able to do that by working with the likes of BCG- Boston Consulting Group, some of the best minds in the world. We have sat down on a table and we’ve said to them, we have to contribute effectively to increasing the GDP. Everything that we talk about is really about the economy. And the issue about the economy and how to make the economy very strong in Nigeria is very important and personal to the president.”