This picture taken on July 12, 2020, shows the exterior of the National Arts Theatre in the Iganmu area of Lagos State, south-west Nigeria.The Federal Government has officially handed over the National Arts Theatre to the Central Bank of Nigeria’s Bankers’ Committee, with a robust plan to rehabilitate the national asset.
The CBN Governor, Godwin Emefiele, on his part, gave an assurance that the National Arts Theatre would go through a transformation into a world-class facility. In his address, Lagos State Governor Babajide Sanwo-Olu commended President Muhammadu Buhari’s support in regenerating the monument. The Bankers’ Committee is planning to use the Creative Industry Financing Initiative, with over N20 billion already earmarked as take-off capital, for the redevelopment of the 40-acre national asset.
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