The Minister of Information and Culture, Lai Mohammed,
disclosed this on Tuesday in Madrid, Spain, while signing an agreement on
Nigeria’s hosting of first Global Conference on Cultural Tourism and Creative
Industry.
The minister put the cost of the renovation at $100m.
The bilateral agreement was signed between Nigeria and
United Nation World Tourism Organisation at the organisation’s headquarters.
Mohammed said the global conference, which would be held
from November 14 to 17, would be the first event to be staged at the newly
refurbished edifice.
“Nigeria will be hosting the event at the National Theatre
in Lagos, which is currently being renovated at a cost of $100m under a
partnership between the Federal Government of Nigeria and the Bankers’
Committee/Central Bank of Nigeria.
“It’s the first of such renovation of the iconic edifice in
over four decades.
“In addition to the renovation, new hubs are being
constructed, within the premises of the National theatre, for fashion,
Information, technology, film and music.
“With that, the National Theatre is now known as the Lagos
Creative and Entertainment Centre.
“In addition, the Lagos surface rail system, to serve the
National Theatre, will be commissioned ahead of the global conference,” he
said.
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