Information Minister Inaugurates Committee on Commercialization of Nigeria Film Corporation

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The Minister of Information and Culture, Alhaji Lai Mohammed, has
inaugurated the Steering Committee on the Commercialization of the Nigeria Film Corporation (NFC), saying the country’s film industry has
the potential to make Nigeria the entertainment hub of Africa.

While performing the inauguration in Abuja on Monday, the Minister said the Federal Government is now ready to reposition the NFC for effective service delivery.

“What we are doing today is to simply reposition the NFC in a manner that will enable it to play the role statutorily assigned to it,” he
said.

Alhaji Mohammed noted that the film industry is the pivot of entertainment and
has brought fame to the country, hence the need to reposition the
sector and provide the necessary requisite for the industry to thrive
.

The Minister therefore appealed to state governments to invest in the provision of infrastructure for the entertainment industry, in view of
its huge potential to generate employment and contribute to the
economy.

“It is important to appeal, especially to state governments, to
invest in infrastructure in the industry. I don’t think it will be too
much for the state governments to ensure they build at least one cinema house in each local government area of their state. That will
give us additional 774 cinema houses,” he said.

“Dear members of the SC, your appointment into this committee comes with huge trust and belief in your ability and capacity to make this reform happen. I therefore urge you to consider this a critical national assignment that requires unflinching commitment and zeal,” the Minister said.

In his remarks, the Director General of the Bureau for Public
Enterprise, Mr. Alex Okoh, clarified that the reform of the NFC is not a privatization but commercialization, with no transfer of ownership and sale of share, so as to ensure that the resident values of the corporation are enhanced.

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