“I don’t think that auctions and even the (large fair) ArtX contribute more than 10% of the entire volume of art works that are being sold in this country”, says Hakeem Adedeji. He admits that the events confer enormous respectability and prestige on the idea of artmaking, but that there’s a significant thriving art market in Nigeria outside of these nameplate activities. “Toyin, probably this year I think I’ve bought over 200 drawings. How many works were sold at the last Art Ex auction? Adedeji’s views on Art and Finance are included in a forthcoming report on the Nigerian art market, published by Jess Castellotte.
Source: The Guardian January 14, 2018 03:00 UTC