Bankers’ Committee signs MoU for handover of National Arts Theatre

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Governor of the Central Bank of Nigeria (CBN), Mr. Godwin I. Emefiele, has led the Bankers’ Committee in the signing of an MoU for the handover of the moribund National Arts Theatre, Iganmu, Lagos.


#Emefiele says revamping the National Arts Theatre will unlock the creative talents of hundreds of thousands of Nigerian youths in the fields of music, movie, fashion and information technology.


According to him, “Bankers’ Committee is to provide funding for a prototype cluster labeled, “The Signature Cluster”, which consists of a building each for Music, Film, Fashion and Information Technology verticals.

“In addition to these, a Welcome/Visitor’s Centre, Police and Fire Stations, and structured parking for up to 500 vehicles will be built.”

Emefiele commended President Muhammadu Buhari 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 youths with limitless opportunities to reach the summit of their capacities.


Main contractor is Cappa & D’Alberto Limited, the Electrical Sub Contractor is Nairda Limited, while the mechanical Sub Contractor is VACC Limited.



Amaka E. Nliam

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