The
₦300 million capacity building fund for the Nigerian film industry is ready for
disbursement to qualified practitioners.
Its
website will be launched and activated as from noon today. The website is
www.projectactnollywood.com.ng.
A
statement by Paul Nwabuikwu, the Special Adviser to the Coordinating Minister
for the Economy and Minister of Finance, said this “signals the commencement of
the fund, as corporate and individual practitioners in various aspects of movie
craft and production can apply for various specified grants under the fund to
boost their skills and capacity”.
The
statement added: “The Capacity Building Fund, which was announced recently as
the first part of the ₦3 billion support fund for Nollywood, was pledged by
President Goodluck Jonathan.”
The
fund, it added, is the first in a series of initiatives planned under Project
ACT Nollywood, comprising two components.
The
first is a Training Fund of ₦150 million dedicated to training and skill
acquisition for Nollywood practitioners in all competencies along the value
chain of Nigeria’s movie industry.
These,
the statement noted, include “scriptwriting, directing, production and
production design, special effects, lighting, sound, HD techniques, acting,
cinematography, make-up, editing, etc.”
The
second component is the Capacity Development Fund, which is also worth ₦150
million.
This
will come as grants to existing Nigerian-owned private institutes, which offer
training courses, programmes and technical certification in the movie industry.
It
could also be used to upgrade existing facilities, procure equipment and
develop internal capacity to offer a set of courses/training programmess, which
address key skills gap.
Source: The Nation
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