President Bola Tinubu will officially inaugurate the newly renovated National Arts Theatre in Iganmu, Lagos, on Independence Day, according to a statement released by the Central Bank of Nigeria (CBN) on Monday, September 29.
The renovation, financed by the CBN and the Bankers’ Committee, was described as a major investment in Nigeria’s cultural heritage and its fast-growing creative economy.
In July 2024, Tinubu renamed the iconic building the Wole Soyinka Centre for Culture and the Creative Arts in honour of the Nobel Laureate.
The Independence Day event will bring together governors, lawmakers, diplomats, business leaders, academics, cultural ambassadors, and youth representatives.
The National Troupe and other leading artists are billed to perform, while Professor Wole Soyinka will deliver a special address.
CBN Governor Olayemi Cardoso will present the welcome speech, with goodwill messages from Lagos State Governor Babajide Sanwo-Olu and the Minister of Arts, Culture, Tourism, and Creative Economy, Hannatu Musawa.
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The restoration included a modern HVAC system, new fire safety installations, upgraded water, sewage, and electrical systems, cutting-edge audio-visual and lighting technology, advanced stage engineering, 17 passenger lifts, solar power integration, refurbished interiors, and the preservation of historic artworks across the building.
Speaking ahead of the inauguration, Cardoso said, “This is not just an edifice; it represents our history and culture. The transformation of this landmark into a world-class facility is a testament to the Nigerian spirit.”
Sanwo-Olu added, “The Wole Soyinka Centre for Culture and the Creative Arts (National Theatre) will not only showcase arts, tourism, and culture, but will also serve as a world-class venue for global conferences and performances.”
Musawa described the project as “a gift to the nation and a source of pride,” noting that it represents a milestone in efforts to protect cultural assets while creating opportunities for the creative industry.
Originally built during the Gowon administration and completed in 1976 under General Olusegun Obasanjo, the National Theatre gained global recognition when it hosted FESTAC ’77, the Second World Black and African Festival of Arts and Culture.