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Nigeria Begins Implementation of N22bn Creative Industry Scheme

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By Adedapo Adesanya

Federal Government, through the Central Bank of Nigeria (CBN), has commenced the implementation of the N22 billion creative industry development scheme as part of its boost the nation’s economy.

Government hopes to tap into the creative industry and possibly generate about $300 million in revenue for Nigeria and also unlock the creative talents of Nigerian youths.

Speaking at the Creative Nigeria Summit, the Governor of the apex bank, Mr Godwin Emefiele, disclosed that a 40-acre Creative Industry park would be developed around the National Theatre in Lagos with similar parks to be located in Kano, Port Harcourt or Enugu.

“Our goal through the establishment of these parks is to create an environment where startups and existing businesses can be incubated and rewarded for their creativity.

“In each of these parks, efforts will be focused on discovering the most innovative young entrepreneurs across the music, movie, fashion and IT industries,” he said.

The country’s chief banker further said that the initiative was designed to generate 800,000 jobs in the movie, music and fashion sectors for the country.

“Each park will be able to support skills acquisition for over 200,000 Nigerians. These individuals will be empowered with funds at a single-digit interest rate, state-of-the-art tools, high-level training and networks, that will enable them to turn their ideas into a reality,” Mr Emefiele said.

The CBN chief revealed that the initiative, over a 5-year period, would see additional 50 cinemas developed across the country, which he said would increase the contribution of the movie industry to the nation’s Gross Domestic Product (GDP) from the current level of one percent to about 3 percent.

The music industry which has a lot of international recognition and host of budding talents would also expand through this initiative.

He said, “Our CIFI initiative will also enable the development of distribution outlets such as cinemas and music platforms, which will help improve the reach of the content developed by our young entrepreneurs.”

Mr Emefiele projected that over the next five years, young Nigerians would be able to capture a significant share of the $10.7 billion music industry.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Creative Industry Unites as MultiChoice Nigeria Leads Walk Against Piracy

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MultiChoice Nigeria Walk Against Piracy

The fight against content theft intensified on Thursday as MultiChoice Nigeria led stakeholders in a Walk Against Piracy from Ikeja City Mall, Lagos, drawing a powerful mix of Nollywood actors, filmmakers, directors, writers, media personalities, regulators, students, and members of the public.

The walk was part of a broader national advocacy campaign aimed at protecting Nigeria’s creative economy from the escalating damage of piracy. Participants marched through the Ikeja axis, distributing flyers, engaging passers-by, and educating the public on the dangers of piracy and its impact on livelihoods.

Veteran actor, Saidi Balogun, one of the leading voices at the walk, described piracy as “a silent killer draining the lifeblood of the creative industry.”

“People see the glamour but forget the sweat, months of work, and the hundreds of jobs behind a single film,” he said. “When you pirate a movie, you are killing someone’s dream, someone’s job, and the future of an entire industry. It must stop.”

Screenwriter and producer, Obi Emelonye, warned that piracy poses an existential threat to the next generation of creatives.

“Piracy is a menace eating deeply into the industry. If we do nothing, young creatives coming behind us will inherit an economy with no structure, no revenue, and no incentive to create,” he stated. “We cannot allow that future.”

The regulatory perspective came from Charles Amudipe, Deputy Director of Operations at the Nigerian Copyright Commission (NCC), who emphasised both the legal and personal risks tied to piracy.

“Piracy is a criminal offence under Nigerian law, punishable by fines and imprisonment,” he said. “Beyond the legal consequences, consumers who download illegal content expose their devices to malware, identity theft, and financial fraud. It is not worth the risk.”

During the outreach, members of the public raised questions about affordability and alternatives to pirated content. The team responded by highlighting accessible, cost-friendly, and legal platforms available to consumers, underscoring that entertainment can be enjoyed responsibly without breaking the law.

Caroline Oghuma, Executive Head, Corporate Affairs at MultiChoice Nigeria, explained that the walk was a continuation of MultiChoice’s long-standing commitments to consumer education. Last month, the company led a school sensitisation programme at Kuramo Senior College in Victoria Island, teaching students how piracy harms creators and how they can unknowingly participate in it.

“We want to catch them young, take this message into communities, and meet Nigerians where they are,” Oghuma said. “Today’s walk is a reminder that protecting intellectual property is everyone’s responsibility. What we are fighting for is the survival of Nigeria’s creative future.”

Other notable participants included members of the Intellectual Property Law Advocacy Network (IPLAN), lawyers, media executives, content creators, and fans of Nigerian entertainment.

MultiChoice Nigeria reaffirmed its commitment to working with regulators, industry bodies, and stakeholders to champion policies, education, and enforcement mechanisms that safeguard creative work and ensure creators receive fair reward for their labour.

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Veteran Nigerian Actor Lere Paimo Alive—ANTP

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lere paimo

By Modupe Gbadeyanka

The Association of Nigeria Theatre Arts Practitioners (ANTP) has debunked viral news reports that that the chairman of its board of trustees, Mr Olalere Osunpaimo, well known as Lere Paimo, was dead.

In a public notice from the national Public Relations Officer (PRO) of the organisation, Mr Adejonwo Oluwafemi Femson, it was disclosed that the veteran action is “alive and well.”

Members of the public were advised to disregard the death rumour.

“We would like to inform the public that reports circulating on Facebook about the passing of Chi​ef Olalere OsunPaimo (MFR) are FALSE.

“We have confirmed with Baba Eda Onile Ola’s wife that he is alive and in good health.

“Please disregard these false reports and be aware that they are being spread by unscrupulous individuals.

“Chief Olalere OsunPaimo (MFR), Chairman Board of Trustee Association of Nigeria Theatre Arts Practitioners (ANTP), is alive and well.

“We urge everyone to verify information before sharing to avoid spreading misinformation,” the notice disclosed.

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Nivea, inDrive Sponsor TikTok’s 2025 Sub-Saharan Africa Awards

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Forex Advice on TikTok

By Modupe Gbadeyanka

The duo of Nivea and inDrive has been announced as the title sponsors of TikTok’s 2025 Sub-Saharan Africa Awards, while Coca-Cola, Dis-Chem and PEP Stores are the category sponsors.

As title sponsors, inDrive and NIVEA (Beiersdorf) will play key roles in amplifying creator recognition, supporting event experiences, and on-the ground activations.

NIVEA (Beiersdorf) will sponsor the Creator of the Year award, while inDrive will present the Storyteller of the Year award, both reflecting a shared passion for innovation, inclusivity and celebrating African voices making a global impact.

In addition, Coca-Cola is sponsoring Food Creator of the Year award, Dis-Chem is for the Social Impact Creator of the Year award, and PEP Stores is for the Entertainment Creator of the Year award.

This year’s event is slated for Saturday, December 6. It would be used to celebrate the continent’s most inspiring and innovative creators who are using the platform to educate, entertain, and empower their communities.

 “We are delighted to partner with TikTok, as we share a long-standing relationship across the globe, including in the Sub-Saharan region. TikTok is a unique platform that enables us to engage with young audiences in a language and format that truly resonates with them.

“We extend our gratitude to the company for organizing The 2025 TikTok Awards Sub-Saharan Africa and congratulate all guests and participants on this remarkable event,” the Marketing Lead of inDrive Africa, Mikita Ponarin, stated.

“TikTok is proud to partner with great local and regional brands that support Africa’s creative economy. What excites us about these partnerships is the shared vision.

“These brands are making a conscious choice to invest in African creativity at a pivotal moment. They see what we see: that when we uplift creators, we strengthen entire communities and economies across the continent,” the Head of Content Operations for Sub-Saharan Africa,” Boniswa Sidwaba, said.

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