Nigeria Positioned To Leverage $65Bn Art Market – Patrons

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A Director of Patrons, an art advisory and dealership firm, Keturah Ovi;, says Nigeria has the capacity to tap into the $65.1 billion global art market. Ovio said this while answering questions on her upcoming miniature art exhibition titled, ‘small is beautiful’; billed to take place between July 30 and 31 at Cabaret, 32 Musa Yar’Adua, Victoria Island, Lagos. The Art Basel and UBS Global Art Market Report 2022 put the size of the global market at $65.1bn.

Ovio said the Nigerian art industry has mature so much that works by artists in the country; Which exhibits in various parts of the world; including London, Paris, Rome, New York, Valencia and Berlin, which are often regard as artistic cities in the world. “Nigerians are quite creative and can make something out of nothing. However, all we need is to ensure we are able to participate in global exhibitions with our works,” she said.

Although, It is a big industry that can help to shore up our revenue. When Nigerians travel out of the country, they visit art galleries, attend exhibitions and conduct museum visits. They spend the foreign exchange in order to see and watch what we already have locally. Supporting local artists starts one act at a time,” she admonished.

“Miniature art is a novelty. As an art form; it is extremely detail as it forces the artist to communicate and engage with the audience in limited space and construct. ‘Small is beautiful’ is a series of miniature art exhibitions; that are curated to stimulate one’s mind to lean in, inspire, and connect,” Ovio further said.
She promised that these series would ignite great appreciation of works done by Nigerian artists; and will greatly distract attendees from the hurly-burly of Lagos life and the tensions around the society.


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