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By Abdul Alli, Abuja

 

The Director-General of the National Council for Arts and Culture, (NCAC), Otunba Olusegun Runsewe, has lauded the Central Bank Governor, Mr Godwin Emefiele for the Creative Industry Financing Initiative.

Speaking in Abuja, Runsewe said that by allowing investors in the creative industry access loans with nine per cent interest rate, the Initiative will significantly boost the industry and enhance the capacity of key players in the sector to optimise their potentials.

The NCAC boss added that other countries have used similar efforts to fight poverty, unemployment, crime and youth restiveness.

According to him, “With this noble and patriotic initiative, the CBN Governor has clearly demonstrated his commitment to President Buhari’s economic development agenda with emphasis on diversification and job creation,”

He stated further that, as one of the highest employers of labour, if the Creative Industry is fully developed, it will not only create mass employment, it will also stimulate rapid socio-economic growth and development.

He however call on key players in the Creative Industry to take advantage of the opportunity of the facility to develop and strengthen their businesses, he urged prospective beneficiaries of the facility to ensure that they comply with the terms and conditions of repayment.

The Creative Industry Financing Initiative was developed by the CBN in collaboration with the Banker’s Committee. It is open to players in fashion, information and communication technology, movie, music and software engineering.

 

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Abdul Rahman Aliagan is an Abuja-based seasoned Journalist who was born in late 70s and has spanned over a decade and half in the profession. His flair for investigative Journalism has earned him a niche and more on the profession. A member of Nigerian Union of Journalists, NUJ, he is currently the National Secretary of the Nigerian Guild of Investigative Journalists, NGIJ, an umbrella body for all the curious journalists in Nigeria. Aliagan, a graduate of History from the Better By Far University, University of Ilorin, Ilorin, Kwara State, Nigeria, and a Masters student in the Department of History, Nasarawa State University, Keffi. He started his Journalistic career with The Herald Newspaper, in 1997 even as a Copy boy in the Newsroom; he later moved his career to Funtua, Katsina State as a Media Assistant to a Non-Governmental Organization, (NGO), Pan-African Development Education and Advocacy Programme (PADEAP). Aliagan later joined the service of Newspeg Newspaper, an Abuja based media outfit as a Senior Correspondent only to become the pioneer Editor as the platform later transformed to Magazine titled Newspeg Magazine. For his close to two decades uninterrupted media experiences, Aliagan with some like minds floated Time Nigeria Magazine, where he is currently serving as the Managing Editor, a Magazine that is setting Economic and political pace for the most populous country on African continent, Nigeria. Aliagan has been a Contributing Editor for some other media platforms such as Security Monitor, Kwara Arise and Health Agenda. Aliagan is the Publisher of ArtsDaily Nigeria, a History, Culture and Tourism focused Newspaper.

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