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Nairaland Forum / Nairaland / General / Politics / FG Sets-up N3bn Fund For Nollywood (6773 Views)
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FG Sets-up N3bn Fund For Nollywood by koruji(m): 3:51am On Mar 04, 2013 |
This will be the second time GEJ is setting up a special fund for Nollywood in as many years. During the 2011 elections GEJ "gave" $200 million to Nollywood - he was later accused of deceiving Nollywood. Look here: https://www.nairaland.com/739922/president-goodluck-johnathon-gives-200 https://www.nairaland.com/846080/gej-decieved-nollywood-200m-chukwura Today again he announced another N3 billion special fund - another election is coming, I guess. [size=14pt]What shall we call these? Election fever or amnesia? Take your pick.[/size] I would tell you what it is but that is for another day. http://www.tribune.com.ng/news2013/index.php/en/component/k2/item/6545-fg-sets-up-n3bn-special-fund-for-nollywood |
Re: FG Sets-up N3bn Fund For Nollywood by seanet02: 4:03am On Mar 04, 2013 |
This is called wastage |
Re: FG Sets-up N3bn Fund For Nollywood by GARRIx7(m): 4:13am On Mar 04, 2013 |
GEJ wan play dem wayo again oo!!! |
Re: FG Sets-up N3bn Fund For Nollywood by dayokanu(m): 4:16am On Mar 04, 2013 |
3billion for Nollywood Another Retardeen spending |
Re: FG Sets-up N3bn Fund For Nollywood by Chanchit: 7:26am On Mar 04, 2013 |
The money is waiting for them in their dreams. |
Re: FG Sets-up N3bn Fund For Nollywood by Nobody: 7:46am On Mar 04, 2013 |
Uncle Joe wan send dem to go catch monkey weh deh on top tree......AGAIN. |
Re: FG Sets-up N3bn Fund For Nollywood by gregg2: 8:18am On Mar 04, 2013 |
Good development. We need to see Nollywood grow from strenght to strenght. The industry has capacity to employ many more youths than both banking and telecom combined. 10 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by PointB: 8:30am On Mar 04, 2013 |
Nollywood is one of the biggest industry in Nigeria, and of course Nigeria biggest cultural export. Any support rendered to them can only be seen as wastage by the 'retardeen choir' and allied bigoted crew because they lack the objectivity and foresight to know better. Kudo to the FG for this initiative for the second time running. 13 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by petsam11(m): 9:03am On Mar 04, 2013 |
seanet02: This is called wastage What do you mean by wastage? If he (President) will release the money to them and it enters good hands for better management/utilization. I see nothing like wastage...Nollywood is very capable of employing the unemployed, generating revenue and so on... WHAT I KNOW IS THAT, WITH VERY GOOD FUNDING, NOLLYWOOD CAN GET TO THE LEVEL OF HOLLYWOOD IF NOT BETTER... Because when there is much funding, there will be great competition amongst actors/actresses, directors, producers, infact all the departments in the movie industry... And from there you will see massive development... 4 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by seanet02: 9:17am On Mar 04, 2013 |
PointB: Nollywood is one of the biggest industry in Nigeria, and of course Nigeria biggest cultural export. Any support rendered to them can only be seen as wastage by the 'retardeen choir' and allied bigoted crew because they lack the objectivity and foresight to know better.Go and first of all stop piracy by your ibos brothers at Alaba market before engaging me in an conversation you knew nada about. 4 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by Elueme: 10:09am On Mar 04, 2013 |
This is surely a step in the right direction. But come to think, which sector of our economy has this president not affected? The vision is quite uncommon and only if our past leaders have this kind of foresight, am sure we would have been better today as a people. 9 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by Elueme: 10:11am On Mar 04, 2013 |
seanet02: This is called wastageReally? It's better than donating money to BH to acquire more IEDs because you want to mk a political statement.. If our entertainment industry is given the needed funding, support and coordination, the industry could contribute a fortune to our GDP. For now, we have the human resources to mk it work 4 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by Nobody: 10:14am On Mar 04, 2013 |
seanet02: Go and first of all stop piracy by your ibos brothers at Alaba market before engaging me in an conversation you knew nada about.I fit bet 100k that you have 8 tribal marks on your st*pid face 17 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by seanet02: 10:35am On Mar 04, 2013 |
uihebom: I fit bet 100k that you have 8 tribal marks on your st*pid facenna how market |
Re: FG Sets-up N3bn Fund For Nollywood by PointB: 10:38am On Mar 04, 2013 |
Elueme: This is surely a step in the right direction. But come to think, which sector of our economy has this president not affected? The vision is quite uncommon and only if our past leaders have this kind of foresight, am sure we would have been better today as a people. Well articulated. The folks usually quick to condemn well targeted government policy are those who wish to see the president fail, to satisfy their preconceived notion. They are the 'retardeen choir' a bunch of hopeless no-gooders 4 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by AntiGbagaun(f): 10:42am On Mar 04, 2013 |
gregg2: Good development. |
Re: FG Sets-up N3bn Fund For Nollywood by taharqa: 11:23am On Mar 04, 2013 |
koruji: Assert only what you are sure of, esp in public; dats what wise people do. The $200m Loan facility promisd by GEJ in 2011 and domiciled in d BOI, took sm time b4 taking off, but has since taking off. Business persons from d Entertainment Industry are already drawing from d Facility. The so-calld 'first' Nollywood film that was distributd recently on American Cinemas was supportd by dis Entertainment Fund, sometin that Mr Abu (the Producer) stated expressly. That thread was on d frontpage a little more than a week ago. That Entertainment Fund is working; dis Nollywood Grant Fund will work. Why? Cos GEJ keeps his promise (YOUWin, SURE-P, et al ) 8 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by juman(m): 11:45am On Mar 04, 2013 |
Chanchit: The money is waiting for them in their dreams. |
Re: FG Sets-up N3bn Fund For Nollywood by lagerwhenindoubt(m): 11:50am On Mar 04, 2013 |
The idea is not bad, however just like SURE-P, funds will be diverted to party faithfuls or will be based on who is on the GEJ's boat for 2015. good ideas from a corrupt mind will only result in corrupt ideals.. MAMSER, OMPADEC, SURE-P.. you get the drift? |
Re: FG Sets-up N3bn Fund For Nollywood by PointB: 11:56am On Mar 04, 2013 |
taharqa: Assert only what you are sure of, esp in public; dats what wise people do... The $200m Loan facility promisd by GEJ in 2011 and domiciled in d BOI, took sm time b4 taking off, but has since taking off. Business persons from d Entertainment Industry are already drawing from d Facility. The so-calld 'first' Nollywood film that was distributd recently on American Cinamas was supportd by dis Entertainment Fund, sometin that Mr Abu (the Producer) stated expressly. That thread was on d frontpage a little more than a week ago.... That Entertainment Fund is working; dis Nollywood Grant Fund will work. Why? Cos GEJ keeps his promise (YOUWin, SURE-P, et al ) More like it. Thanks for taking time to explain. 2 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by EzePromoe: 12:12pm On Mar 04, 2013 |
A very welcome development. One of the advantages of not having all those old military gay up there. 1 Like |
Re: FG Sets-up N3bn Fund For Nollywood by Tigerhead: 12:28pm On Mar 04, 2013 |
Eze Promoe: A very welcome development. I have to agree with you. |
Re: FG Sets-up N3bn Fund For Nollywood by Goddex: 1:26pm On Mar 04, 2013 |
taharqa: Assert only what you are sure of, esp in public; dats what wise people do... The $200m Loan facility promisd by GEJ in 2011 and domiciled in d BOI, took sm time b4 taking off, but has since taking off. Business persons from d Entertainment Industry are already drawing from d Facility. The so-calld 'first' Nollywood film that was distributd recently on American Cinamas was supportd by dis Entertainment Fund, sometin that Mr Abu (the Producer) stated expressly. That thread was on d frontpage a little more than a week ago.... That Entertainment Fund is working; dis Nollywood Grant Fund will work. Why? Cos GEJ keeps his promise (YOUWin, SURE-P, et al ) Don't mind those illiterate ACN errand boys. Very quick to jump on threads to display their ignorance |
Re: FG Sets-up N3bn Fund For Nollywood by ypzilanti: 1:46pm On Mar 04, 2013 |
Like I said on another post, this is lip service. What Nollywood needs is aggressive clampdown on copyright violators and counterfeiters. There is demand for the product and government does not need to grant them one Naira. The 3 billion would be better expended as a take off grant for a division in EFCC to tackle piracy. In USA it a serious federal crime to pirate intellectual property and the FBI has a dedicated team that enforces the law. If producers know that their intellectual work is protected, they will be willing to invest more money in the business. The Nollywood community just lost a good opportunity to tell the President the true problem. We should stop throwing money at problems and actually take time to think of how to structure society and the economy for better results. 2 Likes |
Re: FG Sets-up N3bn Fund For Nollywood by jaso1(m): 1:55pm On Mar 04, 2013 |
This is a wrong step and capable of creating corrupt nollywood. This government is already a chop chop govt. in the hands of padi-padi. What Nigerians fail to understand is that- country is best governed with enactments of profound policy that will see an end to corruption. Nolliwood need the help of president in curbing piracy, if this is taken care of then you can look for a way of making the industry robust via financing it. What you get now is avenue to siphon money as usual. They can’t take out money just like that without attaching it with one frivolous and designed project because Nigeria will shout foul even when our voices mean nothing because we lack Egyptian, Libyan and Syria strengths to chase away this group of looters. |
Re: FG Sets-up N3bn Fund For Nollywood by SlyIg(f): 3:02pm On Mar 04, 2013 |
My Akpabio no d carry last... |
Re: FG Sets-up N3bn Fund For Nollywood by SlyIg(f): 3:04pm On Mar 04, 2013 |
gregg2: Good development.Employment into prostitution or ? |
Re: FG Sets-up N3bn Fund For Nollywood by 1shortblackboy: 3:04pm On Mar 04, 2013 |
Good investment there by GEJ that'll help boost d industry that keeps d shallow minded people of nigeria occupied |
Re: FG Sets-up N3bn Fund For Nollywood by mac73(m): 3:05pm On Mar 04, 2013 |
Goodluck with that! (Pun intended). Seriously, with the kind of asinine home videos Nollywood proudly churns out,a quest to make GEJ the next president of the United States of America will be more feasible. |
Re: FG Sets-up N3bn Fund For Nollywood by AkinDavid2: 3:06pm On Mar 04, 2013 |
Reno Omokri go soon flood twitter trend with this as Government achievement! |
Re: FG Sets-up N3bn Fund For Nollywood by efosanice: 3:06pm On Mar 04, 2013 |
the 3 billion should just be given to tonto dikeh to fund her music career. ITz ova. |
Re: FG Sets-up N3bn Fund For Nollywood by miteolu(m): 3:07pm On Mar 04, 2013 |
Why not Nairaland? |
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