Nollywood To Spend GEJ’s N3b On Distribution

[Shola Sholaz]

In a stakeholders meeting between the Nollywood and representatives of the Federal Government, distribution has been identified as the area that will gulp the most part of the N3billion largesse made available by President Goodluck Jonathan to the industry.
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Convening at a town hall meeting which held recently on Saturday April 27, 2013 at the Eko Hotel and Suites, Lagos, the presidential committee which comprised of the Minister of the Economy and Minister of Finance, Ngozi Okonjo-Iweala, the Minister of Tourism, Edem Duke, along with professionals from the finance, judiciary and education sectors agreed to liase with the various guilds in the industry on how best to invest this grant.

[Folami David]

Well that is what they are expected to do with such money. The money is too huge so we expect a positive result at the end of it all.

[Shola Sholaz]

Goodluck Jonathan did very well by promising that amount and fufilling the promise. He has done well with this one.

[Folami David]

Nollywood isn't where it should be yet. I believe they still have a very long way to go. The actors and actresses are good though