IN a move to boost movie production in Nigeria, the Nigerian Film Corporation (NFC) and the National Lottery Regulatory Commission (NLRC) are putting heads together on the possibility of providing additional and alternative funding windows for the nation’s motion picture industry.
This became evident when Managing Director/Chief Executive of the Corporation Mr. Afolabi Adesanya, on Tuesday, December 11 paid a visit to the Headquarters of the NLRC, Abuja. Received by Peter Igho, Director-General, of the lottery Commission, Adesanya said that the Nigerian motion picture industry was still in dire need for both direct and indirect funding to enable the sector sustains its growth. Funding of any vibrant business sector worldwide, he said, can never be said to be enough and therefore other sources of funding for the sector has become desirable.
On his part, Igho said that the Commission will partner with the NFC in its quest to sustainably provide the enabling environment for the development of the motion picture sector. The sector, according to Igho, deserves all the attention required to strengthen its contributions to national growth and development.
Both parties acknowledged that there were indeed other funding windows available, including lottery, which could be legitimately explored to fund the sector.
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