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Minister Advocates Grants For Creative Industry

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The Federal Capital Territory (FCT) Minister of State, Dr. Ramatu Aliyu, has said the only major way the government can make the creative industry attractive

to investors and major players is by the provision of various several waivers, grants, tax holidays, rebates and other related incentives.

Aliyu lamented that lip service has been paid to the establishment of a film industry development fund over the years, adding that the film industry needs a better understanding of the tax laws and how they apply to the industry. “With the return to democracy in 1999, several waivers, grants, tax holidays, rebates, and incentives were given to super industrialists, who embraced all these and have been waxing very strong from available statistics.

 

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