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Nigeria taps emerging creative industry to drive economic growth

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      China

      China

      Nigeria taps emerging creative industry to drive economic growth

      2025-04-13 14:32 Last Updated At:16:37

      Nigeria is increasing efforts to boost its emerging creative industry, which has been attracting more and more content creators and contributes to a growing share of the African country's GDP.

      The creative sector shows great potential in driving the growth of Nigeria, with the industry now contributing 5.6 billion U.S. dollars to its GDP and the figure is estimated to jump to 20 billion by 2027 as planned by the government.

      Having been posting his performances online since 2013, Marcus Hassan, a drummer based in Abuja, the Nigerian capital, currently has nearly 500,000 followers across various social media platforms, whose support has created a steady income for the artist.

      "New subscribers, you know, new viewers, keep piling up, you know. On a good day, if I post two or three times, I could make up to 3,800 to 8,000 [U.S.] dollars a month," he said.

      As the creative sector expands, the industry now employs over four million Nigerians and the number is expected to double within three years.

      Since the sector is still facing challenges like poor intellectual property protection and limited monetization options, relevant authorities said resources like new investments in training, infrastructure, and reforms are underway.

      "I would like to know how you'd like to come in to help me. And, you know, how this would affect me personally and affect, you know, what I've managed to build or to plant," said Oluchi Anigbogu, a food and lifestyle content creator.

      Nigerian officials said they are optimistic about the growth prospect of the country's creative sector, noting that with advantages in population and in marketing products in both domestic and international market, it is reasonable to increase investment in the sector in an effort to drive economic growth.

      "We have a creative and cultural product that we can easily market internally and also considering the population of our country, we know that we have our own market and we also have the international markets, who are seriously aching to participate or partake in our creative product. So, it was a no-brainer really that the government would look at the sector as an important area to invest in," said Roshan Nanayakkara, Special Assistant on Monitoring, Evaluation, and Heritage at the Federal Ministry of Arts, Culture, and Creative Economy of Nigeria.

      Nigeria taps emerging creative industry to drive economic growth

      Nigeria taps emerging creative industry to drive economic growth

      The head of a Vietnamese car dealership is hopeful that Chinese President Xi Jinping's visit to the Southeast Asian country can help strengthen business ties between the two nations and attract greater Chinese investment to Vietnam.

      Xi arrived in Vietnam on Monday for a two-day state visit at the invitation of General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam and Vietnamese President Luong Cuong.

      The visit coincides with the 75th anniversary of the establishment of diplomatic ties between China and Vietnam, as well as the China-Vietnam Year of People-to-People Exchanges.

      Nguyen Thi Diem My, the CEO of a dealership that distributes vehicles from Omoda and Jaecoo -- two sub-brands under Chinese automaker Chery Automobile -- expressed the hope that Xi's visit would lead to deeper business engagement between the two sides.

      "We ourselves are a company that distributes a Chinese car brand in Vietnam. I think that when President Xi visited Vietnam, it greatly encouraged many Chinese businesses to visit and invest in Vietnam in the near future. I think, and I hope that after this visit, it will open up even more opportunities for cooperation between businesses from the two countries," she said.

      Xi departed Vietnam on Tuesday to wrap up the first leg of a three-nation Southeast Asian tour, which will also see the Chinese president pay visits to Malaysia and Cambodia from Tuesday to Friday.

      Vietnamese car dealer hopes Xi’s visit can boost business tie, encourage investment

      Vietnamese car dealer hopes Xi’s visit can boost business tie, encourage investment

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