The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Committee to sign a memorandum of Understanding (MOU) on the takeover of the National Arts Theatre, Iganmu, Lagos, for the purpose of reconstructing the facility.
Information obtained from CBN’s website on Sunday indicated that the MOU was signed between the committee and the minister of Information and Culture, Alhaji Lai Muhammed.
Emefiele said, vamping the theatre would boost the creative talents of the Nigerian youth.
He commended President Muhammadu Buhari for his support for the MOU and for his commitment to supporting the Nigerian youth to realize their full potentials.
“We commend Mr. President 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 youth with limitless opportunities to reach the summit of their capacities.
“Revamping the National Arts Theatre will unlock the creative talents of Nigerian youths in the vie, fashion and information technology,’’ he said. Emeers’ Committee would provide funding for a prototype cluster labeled “The Signature Cluster” which consists of a building each for music, articles.
He said in addition, a visitors center, police and e stations, and a 500-vehicle park would also be built.
The CBN governor named the main contractor as Cappa and D’Alberto Limited, the electrical sub-contractor as NairdaLimited, while the mechanical sub-contractor is VACC Limited,” he said.
The News Agency of Nigeria (NAN) reports that present at the ceremony were Gov. Babajide Sanwo-Olu of Lagos State, and Mr. Sunday Dare, the Minister of Youth and Sports Development.
Also, Mr. Herbert Wigwe, Managing Director of Access Bank, who doubles as Chairman, Body of Bank CEOs, and some representatives of the contractors also witnessed the ceremony.