Jonathan splashes N3 billion new grant on Nollywood

President Goodluck Jonathan at a presidential dinner to celebrate the industry at 20, held at State House, Marina, Lagos unveiled a N3 billion  package to help turnaround Nigeria’s movie industry, Nollywood, which has seen growth in production and sales within past years, but remains heavily criticized for low content quality.
The president said the package, to be launched as “Project Nollywood”, will include grants for the best film scripts, a capacity development fund, and funds for supporting the industry’s infrastructure”.