Nigeria’s creative industry, if well developed and harnessed has the potential to create about 2.7 million jobs by the end of 2025The Speaker of the House of Representatives, Tajudeen Abbas, has said.
He stated this Wednesday at a public hearing on a bill seeking to establish a national institute for film and media technology in Ebonyi state, saying that the sector has created multiple business opportunities for young Nigerians, with many content creators reporting online income of over one million dollars per annum.
“Data from the Nigerian Entertainment Conference (NECLive) underscores the economic potential of our creative industry. The report projects that by 2025, the Nigerian entertainment industry could generate approximately $14.82 billion in revenue. This is an impressive increase from the $4 billion recorded in 2013.
“This growth trajectory indicates an expanding market and a burgeoning demand for skilled professionals who can contribute to this evolving field.”
