Friday, February 12, 2016

Goodwill message on kwagh-hir fiesta 2016



I am pleased to congratulate His Excellency, the Executive Governor, the State Executive Council and the entire Tiv nation on this occasion of the Tiv Kwagh-hir  Festival which has been organized to hold on 11th and 12th February, 2016.  As the theme indicates, the festival is a celebration of creativity and represents an avenue, not only for entertainment and education, but also to preserve the rich cultural heritage of the Tiv nation.

It is pertinent to note that over the years, the creative industry has grown to become a major economic activity, contributing significantly to export revenues.  According to the United Nations Conference on Trade & Development (UNTAD), the world export of Creative goods and services grew at an annual average of 14% between 2002 – 2008, reaching a peak of $592billion in 2008.  This was in contrast to a drop in international trade by 12% in 2008, following the global financial and economic crisis. During the recession, the creative economy continued to thrive as people continued to go to cinema and museums, listen to music, watch videos and TV shows and play video games.
It is against the background of the foregoing, coupled withthe high ranking of the creative and entertainment industry in Nigeria that NEXIM took a strategic decision to increase intervention in the sector under its export of services programme.  NEXIM’s intervention in the creative industry is through funding and developmental support such as sponsoring of film festivals and other events aimed at showcasing Nigeria’s creative talent and developing our human capital.
NEXIM is therefore pleased to identify and sponsor this festival as part of our efforts to promote the creative sector and developing the sector to generate more jobs and increase foreign exchange earnings for the country.
We are quite hopeful that the state government and indeed the entire people of Benue State will seize the opportunity of this event not only for education and entertainment, but to also boost the economy of the state.
Once again, I congratulate you on this occasion of the Kwagh-Hir Festival and wish you successful event.

Roberts U. Orya
Managing Director/Chief Executive
Nigerian Export-Import Bank 

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