FG Woos Entrepreneurs With Abuja Creative City Project
The Federal Ministry of Art, Culture, Tourism, and the Creative Economy, under the leadership of Barrister Hannatu Musawa Abuja, has signed a Memorandum of Understanding (MoU) for the development of the Abuja Creative City (ACC).
The ACC is a visionary project designed to position Nigeria as Africa’s leading hub for innovation, media, culture, and entertainment.
Spanning 50 hectares in Abuja, ACC will offer world-class infrastructure, drawing inspiration from global creative hubs like NEOM, Dubai Media City, and Techhub London.
This was confirmed by the Special Assistant on Compliance and Coordination, Jummai Ali, just after the Minister visited the construction site.
According to Jummai, “the Abuja creative city will be a benchmark for sustainable development, employing the latest renewable technologies and endorsing minimal environmental impact.”
The city, she said, seeks to celebrate Nigeria’s history, showcasing arts, music, film, and many more creative expressions while making it Africa’s cultural flagship centre.
She added that the Abuja Creative City also focuses on replicating global entertainment feats, which showcase world-class recreational facilities like theatres and cinemas, which are to be established in the city to create more opportunities for creatives in Nigeria.
She quoted the Minister as saying that “the event is aimed at showcasing the initiatives being executed by the Minister through the Ministry of Art, Culture, Tourism and the Creative Economy in support of President Bola Tinubu’s Renewed Hope Agenda. “
Some of the expected benefits for investors seeking to take advantage of investing in the Creative City project include tax incentives for a specified period, while there are plans to introduce reduced rates for water, electricity, and other utilities in the setting up of the initial phase of the project.
The Abuja Creative City will also offer benefits such as streamlining business registration, licensing, and operations processes, making the city an attractive destination for global enterprises.
FG Woos Entrepreneurs With Abuja Creative City Project is first published on The Whistler Newspaper
