But what may pass for the biggest gift in the year still remains a promise – a promise worth being waited for, anyway. That is the one made by President Goodluck Jonathan at the Silverbird Organisation’s 30th anniversary celebration in Lagos. In a declaration that pleasantly shocked many practitioners, Jonathan said the Federal Government would power the entertainment industry with $200m.

First, the film makers, musicians, producers, actors and others present burst into a wild jubilation. But minutes after, they began to doubt if they heard the president right. Did he mean to say N200m? When Jonathan, however, cleared the air and stressed that government would intervene with $200m, the stakeholders did not know whether to continue to dance or go into a prayer session. The largesse seemed so huge that it began to look like a piece of drama.