Heritage pegs N5bn for creative industry

Heritage Bank Plc said it has pegged N5 billion support fund to drive the entertainment and creative industry.

MD/CEO of the bank, Ifie Sekibo, also said the bank was committed to developing the creative sector because the sector contributes to solving the unemployment crisis.

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Sekibo spoke while presenting the N1 million cheque to Damilola Adeyemi, winner of an online competition to celebrate the bank’s product.

He also said the music industry has done so much for Nigeria in terms of employment and foreign exchange earnings and if more resources could be put into it, the country would be better for it.

Oladapo Daniel Oyebanjo (D’Banj), who anchored the launching of the Ynspyre Account for talented young Nigerians in the creative and entertainment industry, said: “The reason for setting up the fund is for creative people like me, you (Adeyemi) and the other upcoming artists to have access to it.

“I want to commend Heritage Bank for believing not just in me but in the creative industry. Over the years, Heritage Bank has worked behind the scene to sponsor and invest in lots of creative projects.”