FG Sets To Support Capacity-Building In Film Industry, Financially

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FGN Coat of Arm

By Benjamin A Ameh

It will give grants to existing Nigerian-owned private institutes that offer training courses, programmes, and technical certification in the movie industry

In line with the promised of fund support made by the president Goodluck
Jonathan to the Nigerian film industry popularly referred to as Nollywood, in his earlier first political campaign, the federal government on Sunday announced N3billion support fund which is the roll out of a N300 million capacity-building fund.

This presidential intervention fund, titled ‘Project Act Nollywood’, is to be
managed by the Coordinating Minister for the Economy and Minister of
Finance, Dr. Ngozi Okonjo-Iweala along with her counterpart, the Minister of Culture and
Tourism, Chief Edem Duke.

The fund is officially open for applications from all stakeholders in the film industry as from July to December 2013.

According to the Special Adviser to the Coordinating Minister for
the Economy and Minister of Finance, Mr. Paul Nwabuikwu, made it cleared
that this capacity building fund was the first of a series of
initiatives planned under Project Act Nollywood.

This capacity building fund, according to the minister of finance is made up of two components.
“The first stage is a training fund; value N150 million devoted to training
and skills acquisition for Nollywood practitioners in all competencies
along the entire value chain of Nigeria’s movie industry. These
include scriptwriting, directing, production and production design,
special effects, lighting, sound, HD techniques, acting, cinematography, make-up, editing, etc.

“The second stages is the capacity development fund which is also
worth N150 million.

Okonjo-Iweala said the fund may be used to upgrade existing facilities,
procure equipment and develop internal capacity to offer a set of
courses/training programmes to address skills gap in the sector.

To benefit from the fund, she listed out that interested institutes must prove to registered from before  January 1, 2013 and be competent enough to train according to global best practices (including for organisations partnering with training    programmes from reputable international film institutions) on a sustainable basis.

Speaking further on the development, the minister said that the establishment
of the fund underscored government’s commitment to supporting the
industry in recognition of its contributions to the economy and
projecting the country.

Okonjo-Iweala harassed that the objective of the initiative is to support the
industry in a sustainable way that practitioners can leverage on to
improve their capacity and output in key areas.

The guidelines for application for the fund include that one must be a
Nigerian, an industry practitioner as well as a member of an industry
association or guild.

 


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