Lai Mohammed says FG has no money to renovate national theatre

Lai Mohammed says FG has no money to renovate national theatre

- The minister of information and culture, Lai Mohammed has said the renovation of the national theatre will create job opportunities

- Minister stated that the renovation of the building is part of the government’s plan to reposition the creative industry

- Mohammed said the potentials of the creative and entertainment industry will be boosted by the rehabilitation of the edifice

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Nigeria’s minister of information and culture, Lai Mohammed has said the lack of funds to renovate the national theatre prompted the federal government to hand over the building to the Central Bank of Nigeria (CBN) and the bankers’ committee.

The minister told Radio Nigeria on Thursday, July 30, that the renovation of the national theatre will generate 6,000 jobs, while an additional 2,000 jobs would be provided when the project is completed.

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‘FG has no money’ — Lai speaks on handover of national theatre for renovation

Lai Mohammed has said the renovation of the national theatre will create job opportunities. Photo Credits: Business Day
Source: UGC

According to the News Agency of Nigeria, Mohammed during an interview disclosed that the handover of the national theatre to the CBN is part of the government’s plan to reposition the creative industry.

He said due to lack of funds, the edifice has been in a sorry state because it has not undergone any serious renovation for more than 43 years.

He also said the potential of the creative and entertainment industry will be boosted by the rehabilitation of the national theatre.

In other news, the federal government has disclosed that it has recovered looted funds in excess of N800billion with over 1,400 convictions secured in its famed anti-corruption fight.

This was disclosed by the minister of information and culture, Mohammed, on Tuesday, July 28, at a press conference in Abuja.

The minister reiterated his earlier stance that the Muhammadu Buhari administration’s fight against corruption is as strong as ever.

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He also said President Buhari will not resign over alleged cases of corruption that occurred in some government agencies.

Mohammed, in a stern statement, dismissed the call for Buhari’s resignation as infantile.

He pointed out that the war on corruption is not losing steam under the current administration.

The minister stated that the PDP misinterpreted the allegations of corruption in a number of government agencies as a sign that the administration’s fight against corruption is waning

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Source: Legit Nigeria

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