UK-Nigeria Creative Fund to Boost Local Industries

The UK-Nigeria Technology Hub Creative Fund has been launched to bridge the technical capacity gaps in Nigeria's creative industries, specifically targeting film, fashion, and music. This initiative is part of a broader effort to enhance Nigeria's creative economy, which employs approximately 4.2 million people and contributes around $3 billion to the country's GDP annually.

The fund aims to ensure that Nigeria's creative output meets global standards by providing grants to strengthen technical capabilities and support local talent. The initiative was announced during President Bola Ahmed Tinubu's state visit to the United Kingdom in March 2026.

The first phase of the fund will focus on addressing structural challenges and reducing reliance on foreign expertise. It will also promote the adoption of modern creative technologies, including artificial intelligence.

The fund is designed to support high-potential projects and aims to create scalable job opportunities within the sector.