FG to Unveil N100billion Free TV Distribution Network for Nollywood – Minister Reveals

The Minister of Information and Culture, Alhaji Lai Mohammed, on Thursday disclosed that the Federal Government is set to unveil a N100bn per annum free television distribution network for Nollywood.

According to Punch newspaper, the minister said this at the Free Zone Enterprise in Calabar, Cross River State during the inauguration of an Ultra-Modern Surface Mount Technology plant owned by Gospell Digital Technology for the production of decoders, adding that the gesture was intended to grow the economy of the movie industry in the country.

YOU MAY ALSO LIKE:   Finally: Buhari will release ministerial list in a few days says APC

He said, “Today if you want to buy a Nollywood film, you either go to the Alaba market or you go and buy from the authorised shops, but with this network, it is now possible for millions of Nigerians to buy on demand.

“We call it video on demand. Which means you can buy online. Imagine if 20 million people order a film in day, it would grow the economy of Nollywood.”

YOU MAY ALSO LIKE:   We did not promise N5,000 to unemployed graduates but to vulnerable Nigerians – Lai Mohmmed

He described the inauguration as a significant milestone in the country’s journey towards attaining technological self-reliance.

CBN not printing money to support FG – Osinbajo
Zimbabwe insists on opening donkey abattoir
loading...
Tags:, ,    

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.