Business A.M
No Result
View All Result
Tuesday, March 3, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

Nigeria in FESTAC77 throwback with global cultural tourism, creative confab

by Admin
January 21, 2026
in Frontpage, Media, Art and Life, National: Governance, Policy & Politics

BY ONOME AMUGE

In what would come as an opportunity for a throwback that is reminiscent of the hosting of the second World Festival of Black Arts in 1977, Nigeria is to host the world again, this time the entire human race, through the inaugural edition of the global conference on cultural tourism and creative industry following the signing of an agreement to that effect.

The event is scheduled to be held between November 14 and November 17, 2022 in Lagos at the National Arts Theatre which is currently undergoing massive renovation and redevelopment.

Lai Mohammed, the minister of information and culture,who signed the agreement recently in Madrid, Spain, alongside Zurab Pololikashvili, the secretary general of the United Nations World Tourism Organisation (UNWTO), described the development as the clearest indication yet of Nigeria’s commitment to hosting a successful conference, officially titled, “First UNWTO Global Conference on Linking Tourism, Culture and Creative Industries: Pathways to Recovery and Inclusive Development”.

The minister disclosed that the conference would form a part of the events to formally declare open the National Theatre, which is currently undergoing its first renovation in over four decades at a cost of $100 million under a partnership between the federal government and the Bankers’ Committee/Central Bank of Nigeria (CBN).

The theatre played host in 1977, from 15 January to 12 February, to the Second World Festival of Black Arts or Black and African Festival of Arts and Culture, popularly known as FESTAC ’77 during the military regime of Olusegun Obasanjo. Records show that it was attended by more than 17,000 participants from over 50 countries and was the largest cultural event ever held on the African continent, featuring artists such Stevie Wonder, the Sun Ra Arkestra, and Donald Byrd from the US, Tabu Ley and Franco from the Congo, Gilberto Gil from Brazil, Bembeya Jazz National from Guinea, and Louis Moholo, Dudu Pukwana, and Miriam Makeba from South Africa.

Lai Mohammed is now assuring that Nigeria would put together a trailblazing event for the whole world this time around, and he highlighted the renovation witnessing the construction of new hubs for fashion, information technology, film and music at the National Arts Theatre.

He also raised optimism that the global conference would affirm Nigeria’s status as the hub of the creative industry in Africa, and help reposition the cultural tourism and creative industry as the engine of growth not just for Nigeria or Africa but to the world at large.

The conference, he added, would boost the creative industries, which according to the United Nations, generate annual revenues of $2.25 trillion and account for 30 million jobs globally.

In his remarks, the UNWTO secretary general, stated that the UN agency would immediately commence a global publicity campaign for the event as part of efforts to ensure its success.

The agreement signing was also attended by Demola Seriki, the Nigerian ambassador to Spain, and Folorunsho Coker, the director general of the Nigerian Tourism Development Corporation (NTDC), among other dignitaries.

Admin
Admin
Previous Post

Nigeria’s BoI lends N779.3bn, posts N53.4bn profit in 2021

Next Post

AIICO pays N47.3bn claim benefits to customers in 2021

Next Post

AIICO pays N47.3bn claim benefits to customers in 2021

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026
N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

March 3, 2026
US leads digital adoption, but Europe, Asia sets the benchmark for user experience

Africa’s digital infrastructure gap widens in $3trn data-centre race 

March 2, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Falco backs KOFISI’s $35m expansion as operator-led growth gains traction in Africa

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M