[Djjeff News]: Nigerian Govt promises N300m startup loans in art sector

Alhaji Lai Mohammed

The Federal Government on Sunday night unveiled plans to support talented youths in the arts sector with N300 million lon.

The Minister of Information and Culture, Alhaji Lai Mohammed, made the disclosure at the “Spoken Words Open All White Finale’’, a poetry and music platform to encourage talents that held at Onikan, Lagos.
Mohammed said that poetry and music performances showed creativity that the government was willing to support.

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“We have succeeded in securing a aN300 million lon from the Bank of Industry to support young talents in the arts sector.

“Very soon, we are going to make available information to Nigerians how to access these funds.
“These loans are for start-ups to support young artists in the creative industry.

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“Spoken word is a form of poetry and a lot of talents have been displayed here tonight,’’ he said.
According to the minister, the lead poet, Mrs Titilope Williams, is one of the hidden exponents of “Spoken Word”, a form of poetry in Nigeria.

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He said that he had monitored her works for four years and commended her ability to capture some special issues, both social and political, intelligently.

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