Funding, a major obstacle to film making - Nollywood producer
(Nigeria )
A Nigerian Movie Producer, Mr Elvis Obaseki, on Monday said Nigerian filmmakers
were faced with the major challenge of funding.
Obaseki spoke to NAN in Abuja that the inability of film makers to
access corporate funding was a major challenge for the industry.
The movie producer said that some filmmakers run into
financial challenges during production which affects the quality and quantity
of movies produced.
He said that the inability of industry stakeholders to
access Federal Government’s N3 billion intervention fund called ``Project: Act
Nollywood’’ was slowing down activities in the industry.
According to Obaseki, training of filmmakers was the only
benefit the industry had recorded so far following the N300 million
capacity-building fund released by the federal government.
Obaseki said that 28 film directors had so far benefitted
from the training.
``About 28 film directors have been to America for
training and they are back; film producers are planning to go now,’’ he said.
The N300 million capacity-building fund was meant for two
purposes of training of film makers and grants to existing Nigerian-owned
private institutes that offer training courses in the movie industry.
The first training fund of N150 million was dedicated to
training and skills acquisition for Nollywood practitioners in all
competencies, while the other N150 million went to Nigerian-owned private
institutes that offer movie courses.
Some scriptwriters, directors, producers, production
engineers, technical assistants, actors, cinematographers and make-up artists
have benefitted from the fund.
Pencil Film and Television Institute, PEFTI, founded in 2004
by Wale Adenuga is one of the Nigerian-owned private film institutes that would
benefit from the capacity-building fund.
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