The Federal Government has lamented that though the creative, entertainment, and culture tourism sectors provide significant commercial and investment prospects, yet they are underutilized.
Minister of State for Industry, Trade, and Investment Ambassador Mariam Yalwaji Katagum expressed concern at the opening of a 2-day investment drive tagged “Enjoy Nigeria Expo” (ENEX 2022) in Abuja.
The exhibition, according to Katagum, was part of the federal government’s efforts to build a platform for investment in Nigeria’s multibillion-dollar creative entertainment, cultural, and tourism industries.
Represented by the Head of Department of Investment Promotion, Gertrude Orji,
the Minister noted that the present administration was determined to strengthen public-private partnerships in important sectors such as entertainment and tourism to boost the country’s GDP, which is heavily reliant on the oil sector.
“This is consistent with the federal government’s objective to diversify the economy,” she said.
Katagum pledged that the federal government will continue to protect investors and their investments in the country while maintaining the required ease of doing business in critical non-oil industries.
Earlier, in her welcome address, Permanent Secretary, Federal Ministry of Industry, Trade, and Investment, Dr. Evelyn Ngige, who was represented by a Deputy Director in the ministry, Ishaya Abednego, lauded the current administration’s drive and insistence on promoting local content.
The ENEX 2022 was well attended by a large number of Professionals from the tourist and entertainment industries.