Skip to main content

Nigeria Empowers Nollywood With N420 Million

360NEWSENTERTAINMENT NEWSLOCAL NEWSNEWS/JULY 1, 2017/DATBOYJERRY /NO COMMENT/6135 VIEWS

Nigeria Empowers Nollywood With N420 Million

SHARE ON:FacebookTwitter Google +Pinterest Linked InEmail

Nigeria Empowers Nollywood With N420 Million

The Federal Government says it has released N420.2 million to the Nigeria film industry popularly called Nollywood to improve and support aspiring practitioners.


According to a statement issued by the Deputy Director of Information, Federal Ministry of Finance, Patricia Deworitshe, on Friday in Abuja, the money, which is the second payment to the sector, will help 105 film distributors.


The government had earlier introduced the “Project Act Nollywood’’, with three primary components aimed at developing the movie making value chain.


The components are the Film Production Fund (FPF), Capacity Building Fund (CBF) and Innovative Distribution Fund (IDF).


The FPF and CBF have been fully implemented, while the IDF, which is the third component of the project, is on-going.


The IDF covers online, National, Regional and community categories of Nollywood Film distribution and exhibition.


The objectives of IDF are to improve the distribution network of Nigerian Audio-Visual contents, cut down on piracy, create jobs, and protect Intellectual Property Rights (IPR) within the Nigerian Entertainment Industry.


NAN reports that N1.8 billion was approved for disbursement to 106 beneficiaries in this component; and N1.335 billion was disbursed earlier in the year as first tranche to 105 beneficiaries.


Mrs. Deworitshe said before the release of the second tranche, the finance ministry had carried out a successful monitoring and evaluation of the first tranche disbursement.


“Fifteen community cinemas and viewing centres have been established through the grant and this has improved the distribution network of movies in Nigeria.


“The programme has supported 18 firms in strengthening online distribution platforms, this has helped curb illegal downloads and piracy.


“Two hundred and fifty six permanent jobs and 544 temporary jobs have been created through the financial support provided to 105 beneficiaries by the programme,’’ she said.


Mrs. Deworitshe said the programme had also aided the extension of the Nollywood Industry to sub-Sahara Africa through the funding of National distributors to expand their distribution capacity and network.


She said through the programme, distributors had expanded their capacity to lip-synching their content in French for onward distribution to the ECOWAS sub-region.

Comments

Popular posts from this blog

'He kicked me in the stomach, I peed on myself. He body-slammed me to the floor twice and told me he would kill me, no one will find my body.: In her journey to recovery, domestic violence survivor Christine R. M. Dennis-Freeman tells it all

The tragic story of Christine R. M. Dennis-Freeman, like that of Agnes Yarlee and Diane Hart before her, has brought the issue of domestic abuse out of the dark unspoken place it thrives and into the open.
It's horrendous that it takes the death of women, or an attempt to kill women, to get a serious debate  on the issue of domestic abuse. Discussing domestic violence in our society is a real taboo and most men within the Liberian society, don't even find the topic worth their time, as compared to discussing sports, politics and corruption. 
But these women mention above are just the tip of the iceberg.


Defying the odds, Mrs. Dennis-Freeman refuses to keep her mouth shut and go with the flow of the Liberian society.  She courageously sat in a wheel chair up to 1:30am, sharing her story with C Liberia Clearly.  In her own words, she walked us through the day that led to her horrific story.

The Christine R. M. Dennis-Freeman story
 I left America on April 4th, 2017, the inc…

Liberian-American Wilmot Collins unseats Mayor Smith - Becomes 1st Black Mayor In Montana

Wilmot Collins will be Helena’s new mayor, unseating incumbent Jim Smith in a close race Tuesday. 
Collins, 54, will be the city's first new mayor in 16 years after running a long campaign based in progressive principles.
“The people of Helena have spoken, and I am honored to be able to serve them,” Collins said as the night drew to a close. “I intend to work with commissioners, work for the people of Helena and find what is best for this city.”Collins also sought to praise Smith for his work over the past decade and a half.
“I commend Mayor Smith. He’s done a great job for the city, and I hope to work with him in the future," Collins said. 
At the La Pa Grill on 6th Avenue in downtown Helena, Collins and other members of the self-described “progressive ticket” watched and waited for the results of the 2017 election.
The feeling was festive as Collins received a call from U.S. Sen. Jon Tester congratulating Collins on his victory. Victory cigars were passed around the room at the …

Flavour new music video ft Blind kid from Liberia: Flavour - Most High (feat. Semah G. Weifur) [Official Video]