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    HomeNews$100 Billion Economic Expansion Fund Launched to Promote Nigeria's Cultural Heritage

    $100 Billion Economic Expansion Fund Launched to Promote Nigeria’s Cultural Heritage

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    By Hosea Parah, Abuja

    The Minister of Arts, Culture, and Creative Economy, Hannatu Musa-Musawa, has announced the establishment of a $100 billion economic expansion fund to promote and preserve Nigeria’s cultural heritage under the administration of President Tinubu. This exciting initiative was revealed by Rev. Ben Ugo, the Director of Cultural Industry and Heritage, who represented Musa-Musawa at the 2024 Ojude Oba Festival in Ijebu-Ode.

    During the festival, Ugo emphasized the rich cultural diversity of Nigeria and the government’s commitment to establishing the country as a cultural hub by 2030. He also mentioned that the annual Ojude Oba festival is being considered for inclusion in UNESCO’s World Cultural Heritage list.

    Governor Dapo Abiodun of Ogun State expressed his administration’s dedication to elevating the Ojude Oba festival to a global event. He highlighted the festival’s evolution from a celebration of the Awujale among the Ijebu people to a gathering that attracts participants from across the nation and the world. Abiodun emphasized that the festival serves as a symbol of unity and showcases the hospitality and traditions of Ijebuland to a wider audience.

    The governor acknowledged the festival’s role in attracting tourists and promoting the development of Ijebuland. He emphasized the importance of preserving traditions for future generations and pledged his administration’s support to make the Ojude Oba festival a permanent fixture in the global tourism industry.

    The announcement of the economic expansion fund and the commitment of the government and local authorities highlight the significance of cultural heritage in Nigeria and the efforts being made to promote and preserve it for generations to come.

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