the Nollywood's industries in celebration of their 20th anniversary
and the grant to be supervised by the Minister of Finance and head
of the Nigeria Economic Team, Ngozi okonjo Iweala and Minister of
culture, tourism and national orientation, Edem Duke.
This announcement was made at the State Banquet hall last night where
the President dined with the Nollywood industry. The grant titled
"Project Nollywood" will be commissioned on the first week of April.
In his speech, the President acknowledged the pivotal roles Nollywood
has played in promoting the brand image of Nigeria both within and
outside the continent. "There are three endeavours that unite
Nigerians: sports, music and movies."
Also supporting the industry, the Akwa-Ibom state governor, Godswill
Akpabio donated the sum of 50 million naira to the industry as the
President's award for creativity.
One of the key issues facing the movie industry as highlighted by
Amaka Igwe at the event was the issue of piracy and infrastructure
which the President promised to look into.
Performances at the event include Tuface, Timi Dakolo, Dakore Egbuson
among others.
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