Bankers Sign MOU On National Theatre Takeover


The Governor of the Central Financial institution of Nigeria (CBN), Mr. Godwin Emefiele, has led the Bankers Committee to signal a Memorandum of Understanding (MOU) on takeover of the National Arts Theatre, Iganmu, Lagos, for the aim of reconstructing the power.

Info obtained from CBN’s web site on Sunday indicated that the MOU was signed between the committee and the Minister of Info and Tradition, Alhaji Lai Muhammed.

Emefiele stated that revamping the theatre would enhance inventive skills of the Nigerian youth.

He counseled President Muhammadu Buhari for his assist for the MOU and for his dedication to supporting the Nigerian youth to grasp their full potentials.

Emefiele additionally unveiled the contractors chosen for the job.

“We commend Mr. President for his magnanimous approval for the handover of the National Arts Theatre, in addition to the pivotal function he continues to play in offering the Nigerian youth with limitless alternatives to achieve the summit of their capacities.

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“Revamping the National Arts Theatre will unlock the inventive skills of Nigerian youths within the fields of music, film, trend and data know-how,’’ he stated.

Emefiele stated the Bankers’ Committee would offer funding for a prototype cluster labeled “The Signature Cluster” which consists of a constructing every for music, movie, trend and data know-how verticals.

He stated as well as, a guests centre, police and hearth stations and a 500-vehicle park would even be constructed.

The CBN governor named the primary contractor as Cappa and D’Alberto Restricted, {the electrical} sub-contractor as Nairda Restricted, whereas the mechanical sub-contractor is VACC Restricted,” he stated.

The Information Company of Nigeria (NAN) stories that current on the ceremony had been Gov. Babajide  Sanwo-Olu of Lagos State, and Mr. Sunday Dare, the Minister of Youth and Sports activities Growth.

Additionally, Mr. Herbert Wigwe, Managing  Director of Entry Financial institution, who doubles as Chairman, Physique of Financial institution CEOs and a few representatives of the contractors additionally witnessed the ceremony.

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