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Nigeria needs investments to boost local arts market, says Patrons

Nigeria needs investments to boost local arts market, says Patrons
March 19
22:30 2023

Keturah Ovio, a director of Patrons MCAA, an art advisory and dealership firm, says Nigeria requires huge private and public investments to drive the local arts market.

While announcing an upcoming miniature art exhibition known as small and iconic scheduled between March 24 and 26, Ovio said Nigeria is among the biggest arts markets in Africa, but several aspects of the industry will only require support to manifest.

“Nigeria’s art market is dynamic. We are already in the international scene. We are prominent in Art Dubai, Cape Town Art Fair, Loop in Barcelona, 1:54 in London and even at International Fair of Contemporary Art in France,” Ovio said.

“However, the challenge is that more young artists require funding and policy support to unleash their potential and talents. It does not have to be established persons or entities all the time.”

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While citing an African Market Today’s report which says that Lagos has the highest density of galleries in Africa, Ovio noted that artists must be given sufficient attention in Nigeria.

On the forthcoming exhibition scheduled to take place between at The Art Hotel in Lagos, Ovio said the event would be exciting and enable hardworking Nigerians enjoy some relaxation.

“It is going to be exciting and educating as visitors will learn the new trends in the local arts industry,” she said.

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Ovio said all the four exhibitors are women, which is deliberately targeted at celebrating the International Women’s Day.

“In celebration of International Women’s Day 2023 and the month of March being celebrated globally as Women’s History Month, it is only fitting that we feature women changing the narrative and taking charge of their career paths in the African art industry,” Ovio said.

The Patrons director said some of the exhibiting artists are Nathaniel Djakou Kassi, Bola Obatuyi, Omoyeni Arogunmati and Ejiro Fenegal.

She explained that “small & Iconic” is a series of miniature art exhibitions that are intended to spark memorable and inspiring conversations in the arts industry through bite-sized artworks.

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Ovio added that Nigeria has the potential to tap into the $65.1 billion global art market, but regretted that Africa lags in the global comity of arts countries owing to low government support.

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