Federal Government through Bank of Industry, has approved facility of about seven billion naira under its creative industry group.

According to Minister of Finance, Budget and National Planning, Zainab Ahmed, the fund was approved to a creative group of thirty-five firms in content production, content distribution, production equipment, digital transmission equipment among others.

Ahmed said in order to continue to build capacities among Nigerian youths, the N-Power Creative programme was created to train and develop five thousand young creative talents.

She said this at the Greeners Business-to-Business Annual National Economic Dialogue 2020 held in Abuja, themed; Positioning Nigeria’s Creative Industry as Growth Engine of Africa Continental Trade Agreement.

Ahmed who spoke through her Special Adviser on Information and Communication Technology, Dr Armstrong Takang, said the strategy was to put the creative industry on the global radar as exporters of world-class services and content.

She said the beneficiaries were trained and certified in Animation, Graphic Design, Post-production and Script Writing, saying all beneficiaries received computing devices that enabled them to master their skills during and after the training.

Speaking on AFCTA, the minister said the major areas which Nigeria had a comparative advantage in the creative economy were Music, Film, Information Technology Industries and Fashion.