Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, who also doubles as the Bankers’ Committee chairman, has lead other members of the group to the official signing of the Memorandum of Understanding (MoU) for the handover of the national Theatre Complex, Iganmu, for reconstruction.
The ceremony which held in Lagos, weekend, was witnessed by the ministers of Youth and Sports and that of Information and Culture, Mr Sunday Dare and Alhaji Lai Mohammed, respectively.
Remarking, Emefiele said revamping the National Arts Theatre will unlock the creative talents of hundreds of thousands of Nigerian youths in the fields of music, movie, fashion and information technology.
According to him, the Bankers’ Committee will provide funding for a prototype cluster labeled “the Signature Cluster” which consists of a building each for Music, Film, Fashion and Information Technology verticals.
“In addition to these, a Welcome/Visitor’s Centre, Police and Fire Stations, and structured parking for up to 500 vehicles will be built,” he disclosed.
The Main contractor for the project is Cappa & D’Alberto Limited, while the Electrical Sub Contractor is Nairda Limited.
The Mechanical Sub Contractor is VACC Limited.
The CBN governor also commended President Muhammadu Buhari for ‘his magnanimous approval for the handover of the National Arts Theatre as well as the pivotal role he continues to play in providing the Nigerian youths with limitless opportunities to reach the summit of their capacities.’