N420m Given To Aspiring Practitioners Of The Nollywood Industry

N420m Given To Aspiring Practitioners Of The Nollywood Industry

N420m Given To Aspiring Practitioners Of The Nollywood Industry

The Federal Government says it has released the sum of
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, Mrs Patricia
Deworitshe, on Friday in Abuja , the money , which
is the second tranche payment will benefit 105 film
distributors.

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

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