Federal Gov’t, Firm Sign MoU To Transform Nigeria’s Creative Industry

The Federal Ministry of Arts, Culture, Tourism, and the Creative Economy (FMACTCe) has entered into a Memorandum of Understanding (MoU) with The Creative Park Limited to establish The Creative Park in the Idu District of Abuja.

The 30-hectare Creative City, designed to transform Nigeria’s creative and cultural industries, marks a significant step toward the nation’s economic diversification and global leadership in the creative sector. The agreement was formalized on Thursday in Abuja, signed by Barrister Hannatu Musa Musawa, the Minister of Arts, Culture, Tourism, and the Creative Economy, and Mr. Bayo Omoboriowo, CEO of The Creative Park Limited.

The collaboration is structured as a public-private partnership (PPP), aimed at empowering creative talent, boosting cultural tourism, and providing state-of-the-art infrastructure, training, and investment opportunities for the creative economy.

During the signing ceremony, Minister Hannatu Musa Musawa emphasized the Federal Government’s commitment to creating an enabling environment for the creative sector to thrive. She highlighted the vision of President Bola Tinubu, which she described as not only about building the creative industry but also empowering future generations.

“Being Nigerian is one of the greatest honours of my life,” she said, expressing her pride in the country’s creative potential. The Minister stressed that the creative industry has the power to shape Nigeria’s image and improve its global standing, noting that every Nigerian can engage in creative expression, from creating content on mobile phones to sharing cultural identity.

The Minister further commended Mr. Omoboriowo, a former official photographer to President Muhammadu Buhari, for his dedication to the creative industry and his commitment to national development. She expressed confidence that this PPP is in capable hands, saying, “This park is going to be the direct personification of the great vision for Nigeria as Africa’s creative and cultural hub.”

Mr. Bayo Omoboriowo, CEO of The Creative Park Limited, described the initiative as a game-changer for Nigeria’s creative economy. He said, “Through Abuja Creativity City, we are laying the foundation for a thriving ecosystem where creativity meets opportunity, where ideas become industries, and where culture drives economic growth.”

The 30-hectare Creative Park will provide a space for artists, designers, entrepreneurs, and cultural practitioners to collaborate, innovate, and make a lasting impact. Omoboriowo highlighted the initiative’s potential for job creation and poverty reduction, addressing some of Nigeria’s most pressing socio-economic challenges.

The MoU outlines roles for both parties: the FMACTCe will provide policy support, facilitate access to financing, and coordinate inter-agency collaboration. Meanwhile, The Creative Park Limited will oversee the design, development, and management of the Creative City, ensuring the long-term sustainability of the project through partnerships with private investors.

The MoU will last for an initial five years, in alignment with the Federal Government’s broader strategy to harness the creative economy as a key driver of national development. This collaboration is expected to create employment opportunities, support local content production, and enhance Nigeria’s global creative footprint.