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Home » FG Declares Advertising, Creative Industries Key Drivers of Economic Growth
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FG Declares Advertising, Creative Industries Key Drivers of Economic Growth

Abimbola OgunaikeBy Abimbola OgunaikeAugust 7, 2026Updated:August 7, 2026No Comments1 Views
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By Daniel Oluwatobiloba Popoola 

The Federal Government has declared Nigeria’s advertising and creative industries as key drivers of economic growth, job creation and innovation, pointing to the country’s over 170 million active telecommunications subscriptions as evidence of the digital economy’s expanding potential for the sector.

The Minister of Information and National Orientation, Mohammed Idris, represented by the Director-General of the Voice of Nigeria, Jibrin Baba Ndace, made the declaration on Thursday, 6 August, 2026 at the Advertising Industry Colloquium 4.0, organised by the Advertising Regulatory Council of Nigeria in Lagos, where he reaffirmed government’s commitment to policies that will help the sector thrive.

“The Federal Government, under the leadership of President Bola Ahmed Tinubu, recognises the strategic importance of Nigeria’s creative and advertising ecosystem to national development. Our administration is implementing bold reforms to build a competitive digital economy capable of creating jobs, attracting investments and positioning Nigeria as Africa’s innovation hub,” Idris said.

He noted that Nigeria’s expanding digital economy, supported by the growing telecommunications subscriber base and ongoing broadband infrastructure projects, has created new opportunities for advertisers, content creators and digital entrepreneurs. 

The Minister described advertising as an industry that goes beyond promoting products, stressing that it shapes culture, drives economic activity, supports businesses and strengthens national development.

He further stressed the need for balance between innovation and regulation, noting that digital platforms and Artificial Intelligence must be supported by responsible governance. 

“Effective regulation is not an obstacle to growth; it is the foundation for sustainable development. A transparent and forward-looking regulatory framework builds investor confidence, protects consumers and promotes fair competition,” he said.

Idris urged industry stakeholders to embrace innovation while protecting creativity, ethics and intellectual property, adding that government would continue to work with ARCON and other stakeholders to position Nigeria as Africa’s leading hub for responsible advertising, creative excellence and digital innovation.

Mohammed Idris Nigeria's advertising and creative industries
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Abimbola Ogunaike

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