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Promoting Job, Wealth Creation Via Creative Industry

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By most accounts, creative industry refers to a range of economic activities that are concerned with the generation or exploitation of knowledge and information.

It is a broad domain in which activities related to creative works’ design or production are carried out. Etymologists, however, maintain that term creative industry is synonymous with entertainment industry.

David Parrish, a creative industry management consultant, describes creative industry as “business with creativity’’.

Creative industry, according to him, comprises design, music, publishing, architecture, film and video, crafts, visual arts, fashion, television and radio services, advertising, literature, computer games as well as performing arts.

However, the United Nations Conference on Trade and Development (UNCTAD) describes the “creative economy’’ as an emerging concept, which deals with the interface between creativity, culture, economics and technology in a contemporary world dominated by images, sounds, texts and symbols.

UNCTAD adopted a pragmatic approach in promoting creativity and innovation in Africa in 2008 when it organised a conference on the subject in Accra, Ghana, on April 2008.

The UNCTAD report on the status of the world’s creative industry affirms that the creative industry is one of the most dynamic sectors of the economy that is capable of creating jobs and wealth for the people.

It states that the sector provides new opportunities for developing countries to leapfrog into emerging high-growth areas of the world economy.

Moreover, the UK Department for Culture, Media and Sports says that creative industry originates from the people’s creativity, skills and talents, which all have the potential for creating wealth and jobs via the exploitation of the intellectual property.

These enlightened opinions tend to reinforce existing viewpoints that a well-harnessed creative industry has the potential of kick-starting the economic growth of many countries and empowering millions of people across the world.

Industry experts insist that there is no ceiling in efforts to harness the potential of the creative industry of any nation.

Nevertheless, Mr Afam Ezekude, the Director-General of the Nigerian Copyright Commission (NCC), said that the intrinsic qualities of Nigeria’s creative industry could only be harnessed if the stakeholders resolved to do the right things in the right way.

In his remarks at the National Creativity Day Celebration in Abuja in April, Ezekude stressed that the NCC was carrying out a comprehensive study of the country’s creative industry so as to ascertain the exact worth of the sector in terms of job creation.

He noted that the preliminary findings of the study indicated that the film sector alone was capable of contributing N45 billion to the national economy if the potential of the sector was properly harnessed.

“There are strong indications that the projected N1 trillion-per-annum revenue from the sector could be exceeded.

“We are working in concert with the World Intellectual Property Organisation (WIPO) in the study to ascertain the value of the creative industry in our economy.

“From our preliminary findings, however, the film sector can contribute N45 billion to the economy, the software sector can contribute N250 billion; publishing sector, N100 billion; music, N80 billion; broadcasting, N25 billion; advertising, N20 billion, while ICT, textiles and jewellery can contribute N100 billion.

“This, in essence, means that the sector currently contributes less than 5 per cent of the projected sum to the nation’s economy,’’ he said.

“Therefore, it can aptly be deduced that the creative industry holds the key to the transformation of the economies of developed and developing countries of the world,’’ he added.

Ezekude, nonetheless, voiced concern about some factors that were hindering the growth of the creative sector; saying that the copyright laws of many developed and developing countries were weak, inefficient or non-existent in some cases.

“In Nigeria, for instance, the framework for the regulation and protection of intellectual property is weak and I have, on different occasions, drawn the stakeholders’ attention to this defect.

“The existing laws are not stringent enough to deter pirates from infringing on the rights of copyright owners in the country; there is the need to strengthen the laws.

“For example, N250, 000 is the highest fine ever imposed by a court in a single copyright infringement case in the history of the commission’s prosecution efforts.

“Other punishments, depending on the charges, attracted at most, six months jail for a copyright infringement and these penalties are too weak to deter potential bandits from perpetrating product piracy or counterfeiting,’’ he said.

Besides, Ezekude emphasised that the lack of prioritisation of copyright matters in Nigeria’s national development plans was another major factor inhibiting the development of the creative sector.

He conceded that the factor particularly contributed to problems such as limited financial and infrastructure resources, manpower constraints and inadequate public awareness.

“The uncooperative attitude of some stakeholders; slow judicial processes and weak border controls to check importation of pirated works were some of the factors hindering the growth of the creative industry,’’ he said.

Ezekude stressed that the existence of more than 15 product-replicating plants across the country underscored the need to urgently put in place an effective protection framework.

However, many stakeholders believe that Nigeria can derive a lot of economic benefits from the creative sector with the legendary exploits of writers such as Prof. Wole Soyinka and Prof. Chinua Achebe in the literary world.

They, however, bemoan the fact that the rich resources of the country’s film and music industry, pottery and earthenware as well as arts and crafts are not fully utilised for national development.

Mrs Clarah Dapira, an expert in creativity and rural development, said that many developing countries such as Thailand had adopted the creative industry as an alternative means of eliminating poverty at the grassroots.

She said that Thailand got the idea from Japan, as the Japanese government initiated the poverty eradication strategy in 1979.

“The approach is being replicated by many Asian countries such as Cambodia, Malaysia and Thailand. Some African countries such as Malawi and Ethiopia have also adopted the strategy,’’ she said.

All the same, Ezekude said that Nigeria could develop and maximise the potential of its creative sector if an effective protection and regulatory framework was put in place to protect creative works from unauthorised users.

He stressed that efforts should be made to foster the growth of the country’s creative industry via purposeful legislation which would give the regulatory authorities the powers to curtail the aberrant activities of pirates.

Ezekude also underscored the need for more efficient and speedy judicial process in Nigeria, while ensuring stricter border controls to stem the importation of pirated works.

However, Mr Mike Akpa, NCC’s Director of Legal Services, said that the commission was making extra efforts to check piracy and stamp out imports of pirated products.

He said that apart from its periodic anti-piracy raids, the commission had also signed an agreement with an ICT company as part of plans to stimulate increased creativity in the industry.

Akpa noted that under the agreement, patent owners of creative works would now earn some money for the use of their works.

He assured all the stakeholders that the NCC would strive to protect the copyrights of inventors of creative works, in line with its zero-tolerance on piracy.

Akpa, nonetheless, stressed that the interests of all the copyright owners of creative works in the country were being promoted by the NCC via effective and decisive measures.

He said that the measures included the Copyright Notification Scheme, which was introduced to allow authors to have credible evidence of their copyrights.

Akpa, however, stressed the need to stimulate the citizens’ participation in programmes aimed at promoting the growth of the creative industry via pragmatic public awareness campaigns

He also urged all the stakeholders to work as a team in ongoing efforts to harness the potential of the creative industry for wealth creation.

Zoho writes for NAN

 

Jude Zoho

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PENGASSAN Tasks Multinationals On Workers’ Salary Increase 

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.
Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.
The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.
PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.
He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.
“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.
Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.
“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.
“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.
“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.
“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.
Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.
“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.
“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.
“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.
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SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

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The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.
The Commission disclosed this in a statement posted on its website.
According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.
The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.
According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.
“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.
The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.
Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.
“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.
The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.
It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.
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NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products 

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The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.
The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.
NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu
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