The central bank governor Godwin Emefiele has signed a Memorandum of Understanding (MOU) with the federal government to control the affairs of the National Arts Theatre, Iganmu, Lagos.
Emefiele said the Bankers’ Committee was saddled with the responsibility of reconstructing the facility at the theatre while signing the MOU with the Minister of Information and Culture, Alhaji Lai Muhammed.
“We commend Mr. President 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 youth with limitless opportunities to reach the summit of their capacities.
On its importance to the youths, the takeover will showcase creative talents in all fields such as music, sports, movie, fashion, and others.
“Revamping the National Arts Theatre will unlock the creative talents of Nigerian youths in the fields of music, movie, fashion and information technology,’’ he said.
Dignitaries present at the ceremony were Gov. Babajide Sanwo-Olu of Lagos State, and Mr. Sunday Dare, the Minister of Youth and Sports Development.
The Director of Access Bank, who doubles as Chairman, Body of Bank CEOs, and some representatives of the contractors also witnessed the ceremony.