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Share Issues about the National Theatre’s redevelopment seem to have ended with last week’s agreement between the Federal Government and bankers. AKIN ABODUNRIN examines the issues that have bedevilled a once upon a time national treasure. TWENTY years after the journey to ‘privatise’, ‘concession’ and ‘transform into Entertainment City’ began, the National Theatre’s pesky issue appears to have been resolved. Last Sunday, the Central Bank of Nigeria (CBN)/Bankers’ Committee and the Ministry of Information and Culture signed the Memorandum of Understanding (MoU) for its ren...

The government says the renovation will create thousands of jobs.

Share The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has projected that over 25,000 people would be engaged in different sections of work at the National Theatre when fully renovated by the Bankers Committee in the next 15 months. Emefiele disclosed this on Sunday at the handover of the National Theatre Iganmu, Lagos to the Bankers Committee. He expressed joy that the signing of the contract for the restoration and refurbishment of the National Arts Theatre has become a reality, bringing to fruition, the commitment made by the CBN and the Bankers’ Committee a year and a h...