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CBN And Bank of Industry Partner With CEAN To Stabilise Nigeria’s Creative Sector Post-COVID

For more than a decade, CEAN has played a vital role in connecting Nigeria’s informal creative workforce to structured policy, funding, and formal economic opportunities.

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September 12, 2022, Lagos, Nigeria

In a bold and strategic move to rescue Nigeria’s creative industries from the lingering economic shocks of the COVID-19 pandemic, the Central Bank of Nigeria (CBN) and the Bank of Industry (BOI) partnered with the Creative Entrepreneurs Association of Nigeria (CEAN) to design and implement a nationwide intervention targeting vulnerable creative businesses.

The collaboration, launched in mid-2022, marks a milestone in the recognition of Nigeria’s creative economy as a critical pillar of national development—and affirms CEAN’s position as a trusted stakeholder in industry policy and infrastructure development.

Responding to a Sector in Crisis

The partnership was galvanized by CEAN’s early post-pandemic white paper, “Creating Through Crisis: The Future of Nigerian Creativity Post-COVID.

It presented compelling data and policy recommendations that influenced federal strategy.

While other sectors received initial support under the government’s economic recovery plans, it was CEAN’s persistent advocacy and detailed sector mapping that brought national attention to the creative industries’ urgent needs.

CEAN’s nationwide rollout had seen the training of over 2,000 creative entrepreneurs, advisory support to more than 500 micro-businesses, and the establishment of regional Creative Recovery Hubs in Lagos, Abuja, and Enugu.

“From day one of the pandemic, we understood that Nigeria’s cultural workforce—millions strong—was at risk of collapse,” said Adebowale Ewedemi, CEAN founding executive and veteran media entrepreneur.

“We didn’t just lobby for change; we brought the tools, the structure, and the roadmap,” said Ewedemi.

From Blueprint to Implementation

The result was a landmark intervention program backed by BOI and regulated by CBN, with CEAN serving as the official implementation partner.

The program delivers targeted support to struggling sub-sectors including independent film, performance art, fashion, radio, music, design, and digital content production.

Highlights of the program include:

• Access to low-interest working capital for creative entrepreneurs

• Training grants and accelerator programs for skill development

• Support for studio and performance infrastructure

• Technical assistance for digital transformation and business retooling.

CEAN’s nationwide rollout had seen the training of over 2,000 creative entrepreneurs, advisory support to more than 500 micro-businesses, and the establishment of regional Creative Recovery Hubs in Lagos, Abuja, and Enugu.

Sustained Leadership in Nigeria’s Creative Economy

This intervention is only the latest in CEAN’s long record of national impact. During the peak of the COVID-19 lockdowns, the association served as a frontline support system—offering emergency relief, transitioning training programs online, and shaping portions of the Federal Government’s Survival Fund.

For more than a decade, CEAN has played a vital role in connecting Nigeria’s informal creative workforce to structured policy, funding, and formal economic opportunities.

Through this work, the association—under Ewedemi’s leadership—has consistently introduced original models, innovative frameworks, and institutional partnerships that define sustainable creative sector governance in Africa.

Architects of a New Creative Economy

This partnership with CBN and BOI reflects a broader understanding that Nigeria’s future is tied to the creative ingenuity of its people—and that long-term development requires strategic institutions with deep insight, trust, and capacity.

“We’re proud to move beyond advocacy into implementation. This is not a moment—it’s a movement. We are helping to reshape the creative industry into a nationally recognized economic force, ”said Ewedemi.

As the creative sector continues to recover and rebuild, CEAN remains committed to ensuring that no artist, content creator, or cultural innovator is left behind.

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IGP Disu orders officers to shoot anyone carrying illegal firearms

Disu explained that the directive was backed by Force Order 237, which empowers police officers to respond immediately to armed threats without waiting for approval from superior officers.

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The Inspector-General of Police, Olatunji Disu, has directed police officers across the country to shoot on sight anyone found carrying illegal firearms, as part of intensified efforts to curb insecurity.

Disu issued the directive on Friday during a stakeholders’ meeting at the Government House in Makurdi, the Benue State capital, saying the move followed President Bola Tinubu’s instruction that the lingering security crisis in the state must be brought to an end.

The police chief maintained that only authorised security personnel are legally permitted to carry firearms, warning that law enforcement agencies would no longer tolerate the unlawful possession of weapons.

” You cannot move around freely carrying arms as if there is no law and order in this country. It will not be tolerated,” he said.

Disu explained that the directive was backed by Force Order 237, which empowers police officers to respond immediately to armed threats without waiting for approval from superior officers.

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PFIPC N1.32bn allocation: “No Kobo was released by Budget Office”, says DG

The committee chairman, Rep. Yusuf Gagdi, defended the Budget Office’s actions, saying the evidence before lawmakers showed the office acted on approvals issued by the relevant government agencies.

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• PFIPC DG Adeyemi

The Budget Office of the Federation on Friday defended the agency’s role in the controversial budgetary allocation to the Presidential Foreign Investment Promotion Council (PFIPC), insisting that despite provisions made in the 2026 Appropriation Act, not a single kobo was released to the fake agency.

The Director-General,Tanimu Yakubu, disclosed this during an appearance before the House of Representatives Ad-Hoc Committee investigating the alleged unlawful establishment and funding of the council.

The DG maintained that the Budget Office neither created the council nor approved its establishment, recruitment or salaries.

He told the lawmakers that the office merely carried out its constitutional responsibility of assessing the fiscal implications of approvals issued by other government institutions.

The DG explained that while the council requested N3.8 billion as personnel cost, the Budget Office rejected the estimate and independently calculated a much lower figure of N802.98 million based on the approved establishment and applicable public service salary structure.

He stressed, however, that the personnel provision never translated into actual spending because the office withheld the mandatory financial clearance.

According to him, financial clearance is the final legal approval required before recruitment, payroll enrolment and salary payments can commence.

“There was therefore no financial clearance. There was no lawful recruitment. There was no payroll enrolment. There was no salary payment,” he said.

The committee chairman, Rep. Yusuf Gagdi, defended the Budget Office’s actions, saying the evidence before lawmakers showed the office acted on approvals issued by the relevant government agencies.He said the investigation had already established that the documents relied upon by those agencies were later discovered to be forged.

“The question is whether the Budget Office allocated budget to this agency without the agency satisfying the requirements. The answer, based on the documents before us, is no. I repeat, no,” he said.

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JUST IN: Multiple Crashes on Kara Bridge Disrupt Lagos-Ibadan Expressway; FRSC Urges Alternative Routes

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The Federal Road Safety Corps (FRSC), Lagos Sector Command, has advised motorists to avoid the Kara Bridge area on the Lagos-Ibadan Expressway following multiple road traffic crashes that occurred in the early hours of Friday, disrupting traffic flow in both directions.

According to the FRSC, the first incident happened around 12:05 a.m. on the outbound carriageway towards Ibadan, involving five articulated trucks and one Toyota Sienna. Preliminary investigations point to speed violation and loss of control as the cause.

Seven adult males were involved in the crash. One person died, another sustained injuries, and five escaped unhurt. Recovery efforts have been complicated because the body of the deceased is trapped under one of the heavily loaded trucks, requiring heavy-duty equipment for evacuation.

While rescue teams were still at the scene, a second crash occurred at approximately 3:15 a.m. on the inbound carriageway towards Lagos. A Mazda commercial bus suffered brake failure, leaving its driver seriously injured. The driver was promptly rescued and transported to the Lagos State Accident and Emergency Centre for treatment.

FRSC rescue teams, alongside LASEMA and other emergency responders, are working to clear the wreckage, recover the trapped victim, and restore normal traffic flow.

Lagos Sector Commander, Corps Commander Kehinde Ganiyu Hamzat, expressed sympathy to the families of the victims and called on motorists to exercise patience and cooperate with traffic personnel at the scene.

Motorists have been strongly advised to use alternative routes to avoid delays along the Kara-Ojodu Berger corridor until operations are concluded:

  • Outbound traffic (Lagos to Ibadan): Divert via the Ikorodu-Sagamu route.
  • Inbound traffic (towards Lagos): Use the Lekki-Epe Expressway or Ikorodu-Sagamu Expressway.

The FRSC further reminded drivers, especially those operating articulated vehicles and commercial buses, to ensure their vehicles are roadworthy — with particular attention to braking systems — before any journey. The Command also urged drivers to avoid unnecessary night travel, reduce speed in poor visibility, maintain safe distances, avoid dangerous overtaking, and rest when fatigued.

The FRSC remains committed to restoring normalcy as quickly as possible in collaboration with other emergency and traffic management agencies.


PRESS RELEASE

FRSC ADVISES MOTORISTS TO USE ALTERNATIVE ROUTES AS RESCUE OPERATIONS CONTINUE FOLLOWING MULTIPLE CRASHES ON KARA BRIDGE

The Federal Road Safety Corps (FRSC), Lagos Sector Command, wishes to inform the motoring public that its rescue teams are currently managing the aftermath of multiple road traffic crashes that occurred at Kara Bridge along the Lagos-Ibadan Expressway in the early hours of today, Friday, 24th July, 2026.

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