The House of Representatives Committee on Tourism and Culture, on Monday, cautioned the Federal Government not to sell the National Theatre situated in Iganmu, Lagos State.
The Chairman of the House Committee on Culture and Tourism, Mr. Omoregie Ogbeide-Ihama, has reiterated his opposition to the sale of the National Theatre in Iganmu, Lagos. Ogbeide-Ihama made this known at an interactive session between his committee and the Minister of Information and Culture, Alhaji Lai Mohammed at the National Assembly Complex, Abuja.
The Minister who presented his Ministry’s 2018 budgetary proposal worth N2. 6 billion for approval by the lawmakers remarked that he had been able to provide the enabling environment for the culture and tourism sector to thrive.
He cited the five-year tax incentive put in place for those that invest N100 billion in the creative industry, which comprise the film and music industry as an instance of government intervention, saying that the creative industry contributes 1.6 per cent to the GDP.
He explained that the decision by an Indian firm, which is presently negotiating with the Bank of Industry (BOI) to build 50 cinemas across the country, was aimed at achieving the objective.
