Home Arts Creativity Creative economy: Sanwo-Olu seeks synergy between govt, industry, academia

Creative economy: Sanwo-Olu seeks synergy between govt, industry, academia

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Lagos State Governor, Mr. Babajide Sanwo-Olu has called for synergy between government, industry, the academia and civil society to build a future where the digital heartbeat of Lagos would resonate across the globe.

At the opening ceremony of the Art of Technology (AOT) Lagos 5.0 conference themed, ‘The Creative Economy and a Digital Lagos’, held on Thursday at Landmark Event Centre, Victoria Island, Lagos, the governor said that the state initiatives for the creative industry include investment in infrastructure and technology, Lagos Film City, collaboration with the World Intellectual Property Organisation to support intellectual property rights, a dedicated Lagos State Science, Research, and Innovation Council cohort for the creative economy and the Lagos Innovation Bill. He said that these have yielded positive results.

Sanwo-Olu promised that his administration would accelerate actions to ensure the Lagos Innovation Bill is signed into law within the first quarter of 2024, adding that the innovation bill when signed into law would increase employment opportunities in the creative industry, enhance competitiveness and foster economic development among others through collaborative efforts of all stakeholders in the creative sector and government.

He said: “Lagos has solidified its status as Africa’s foremost fashion and creative hub, emblematic of our shared commitment to technological advancement. Notably, the music industry has burgeoned into the second-largest in Africa, boasting an annual revenue exceeding $2 billion. This achievement is underscored by our artists receiving prestigious accolades such as Grammys, and the proliferation of international streaming services attests to the industry’s global resonance.

“The transformative impact of technology on Lagos’s development is profound. Over the past decade, technology has propelled a remarkable 500 percent increase in productivity across pivotal sectors, ranging from agriculture to manufacturing. Our smart city initiatives have not only enhanced the efficiency of public services but have also significantly elevated the overall quality of life for our residents.

From left: Governor Babajide Sanwo-Olu (right); Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani; Lagos State Commissioner for Youth and Social Development, Mr. Mobolaji Ogunlende; and his Health counterpart, Prof. Akin Abayomi during the opening ceremony of AOT Lagos 5.0, at the Landmark Event Centre, Victoria Island, on Thursday

 

“Our journey towards a Digital Lagos propelled by the Creative Economy is backed by robust figures and data. It is a collective endeavor that requires the synergy of government, industry, academia, and civil society. Together, we will build a future where innovation knows no bounds, where creativity flourishes, and where the digital heartbeat of Lagos resonates across the globe.

“I trust that the discussions initiated at this conference, along with the resulting outcomes, will pave the way for a threefold increase in the value of the creative ecosystem. May this gathering serve as a guiding beacon, directing us toward a future where the convergence of technology and creativity collaboratively shapes a brighter tomorrow for the residents of Lagos State”.

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani promised that the Federal Government would collaborate with the state government to boost the creative sector using technology for a digital Lagos that would benefit youths in the state.

Tijani, who noted that President Bola Tinubu’s administration has invested in the digital economy to create more employment, implored the state government to convert open fields used for football across the state, into a smart field that would be well equipped for public exercises and gymnastics to engage the youths positively.

Earlier, Lagos State Commissioner for Innovation, Science and Technology, Mr. Olatubosun Alake emphasised that the creative economy is a force that transcends industries, driving innovation, and contributing to economic growth.

He said some of the objectives of the AOT Lagos 5.0 is to proffer solutions to the challenges in the tech world, which included combating piracy and enhancing information sharing for a digital Lagos.

Alake said that over 10,000 participants would participate physically and virtually in the two-day AOT Lagos 5.0 Conference, which would end on Friday.

Nigerian actor and film producer, Mr. Kunle Afolayan commended the Sanwo-Olu administration’s commitment to the creative industry.

Afolayan, who is one of the nine-member committee on Film Production Empowerment for the state, said the N1 billion seed capital by the state government to boost the creativity sector in the state has started yielding positive results.

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