Film industry contributes N83b to GDP, says BPE - The Nation

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The Federal Government has described the film industry as the second largest employer of labour in Nigeria which must be supported even as it noted that the industry contributed N83 billion to the country’s Gross Domestic Product (GDP) in 2018.

The Federal Government has described the film industry as the second largest employer of labour in Nigeria which must be supported even as it noted that the industry contributed N83 billion to the country’s Gross Domestic Product in 2018.

He also noted that the country’s film industry had the potential to make Nigeria the entertainment capital of Africa. “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. According to the statement, the minister decried the lack of critical infrastructure to drive the film industry in Nigeria, saying, for example, Nigeria has only 142 cinema houses compared to South Africa with 782 cinemas; the United States of America, 40,393; India, 11,209, and China with 50,976 cinema houses.

 

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