Jubilation has continued to greet the decision of the federal
government to create a N3bn grant for the entertainment industry
sub-sector, despite expression of fear by some stakeholders over the
accessibility of the grant.
Last Saturday, President Goodluck Jonathan announced a N3 bn grant
to support the nation’s motion picture industry. He also launched a
programme known as “Project Nollywood,” which he said will help to
support the key components of the industry’s value chain through a
dedicated grant.
The President made the announcement at a dinner he held with top
Nollywood practitioners in Lagos, to celebrate Nollywood’s 20th
anniversary and to compensate for the problems that practitioners
encounter while attempting to access the loan-styled $200m facility the
Federal Government announced for the industry in 2011.
Ever since then, the industry has been thrown into wide jubilation, but not without caution from some quarters.
Commenting on the grant, the president of Actors Guild of Nigeria,
AGN, Miss Ibinabo Fiberesima described it as “a new beginning for the
industry.” According to her, the grant remains a plus to Nollywood.
“ We cannot but say thank you, Mr. President. This is one President
that has given ear to our yearnings. He has identify with Nollywood,
for me it’s a plus. This will help to take us to the next level,”
Ibinabo said.
However, Ibianbo said, the practitioners are yet to be acquainted in
respect of how to access the fund. For Charles Novia, the gesture is
welcome development. “ President Goodluck Jonathan has shown
consistency in supporting the movie industry over the years and that
should be commended.
The grant will help the industry redirect creative and
entrepreneurial energies to the next level. I only hope that it would
not be mis-directed to other personal interests but expediently utilised
for the purpose which Mr. President set it up.”
Novia however, advocated the need for the grant to be given to
industry players based on merit and additional criteria of integrity and
body of impressive work done as well as potentials of the project.
Speaking in the same vein, president of Association of Nollywood Core
Producers, ANCOP, Mr. Alex Eyengho posited that funding is not the
major problem of the industry, but lack of proper umbrella structure for
the industry. He said unless and until the Motion Picture
Practitioners Council is put in place, a hundred billion dollars pumped
into the industry will go down the drain.
“ President Jonathan should sponsor the MOPPCON bill as an Executive
bill at the national Assembly and ensure its passage into law.” That is
what we need in Nollywood and not dinner,” Eyengho stated.
Meanwhile, Mr. President while in his address, reiterated his
administration resolve to continue to give Nollywood every support and
assistance to take the Nigerian movie industry to greater heights of
success.
“Encouraged by the feedback we have received from you on our
administration’s support for Nollywood, we have further designed a
programme known as Project Nollywood to support the key components of
the industry’s value chain through a dedicated grant totaling N3bn.
It will include capacity development fund and funds to support the
industry’s infrastructure. The scheme, which will be launched in the
first week of April, will be managed by the Ministry of Finance in
collaboration with the Ministry of Culture and Tourism.”
Yet, it was a twin-booty for the industry as Akwa Ibom State
Governor, Godswill Akpabio, also tickled the gathering by endowing the
‘Goodluck Jonathan Prize for Best Producer, Actor and Actresses’, worth
N50m.
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