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If FG invests in it, Nollywood may boost the Nigerian economy. – The star of Nollywood, Ini Edo

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If FG invests in it, Nollywood may boost the Nigerian economy. - The star of Nollywood, Ini Edo

Veteran Nollywood actor Ini Edo has asserted that if the Federal government invests in it, Nollywood would significantly influence the Nigerian economy.

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She revealed this in a recent interview when she named Nollywood as the sector with the largest income production in the nation.

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Despite this, she insisted that the government must continue to assist in the firm’s ongoing success since doing so would undoubtedly bolster the Nigerian economy.

She said:

It is one of the highest revenue-generating industries in the country. It provides employment for millions of youths, not to mention the number of people taken off the street, and the huge investments. If only the people (in leadership positions) understand what the movie industry can be to Nigeria’s economy, I think the government will see to it that the right structures are put in place, so that the sector can thrive.”

“It is one thing to see (potential); it is a different ball game to do something about it. Imagine me having a production like Shanty Town, and I had to fund it myself. There was no support from anyone. The poor electricity supply is a problem, and the cost of production is very high. There is no way that it favours one.”

She added;

“I mentioned the government part of it. Another aspect is funding. Funding seems to be a big challenge in the industry but I think things are changing because people can actually work up to one and say they want to invest (in the industry).”

“A couple of people have said that to me in recent times since Shanty Town was released. What that means is that if we keep improving and growing as an industry, funding would become less of a challenge.”

 

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