- Advertisement -Nigeria’s creative economy cannot achieve its full potential on talent alone and requires stronger structures, access to finance, skills development and better protection of intellectual property, stakeholders at the second QEDNG Creative Powerhouse Summit have said. “A creative economy requires infrastructure. It requires serious business models,” Mr Ukachukwu said, adding that the global creative economy has become too significant for countries to leave its development to chance. He said Nigeria’s creative economy currently contributes about 1.2 per cent of GDP, compared with close to three per cent in South Africa, which he said had built stronger structures around its creative industries. The inaugural QEDNG Creative Powerhouse Summit was held on August 12, 2025, with the theme “Financing as Catalyst for a Thriving Creative Economy.”