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Centre of Excellence to Establish a Film Village Worth $100 Million

By Ogbitse Meyiwa

 

 

The entertainment industry plays a crucial role in a country’s development, contributing significantly to the economy through shows, live performances, gaming, and tourism. It also serves as a powerful medium for showcasing the culture and way of life of a nation’s people. Beyond its economic impact, it offers a temporary reprieve from the daily challenges and stresses of life.

 

Taking all these into consideration, the Lagos State Government has announced plans to establish a $100 million film village.

His Excellency, Governor Babajide Sanwo-Olu, unveiled this initiative as part of efforts to support the creative industry and enhance Nigeria’s global cultural exports, including music and film, while also boosting revenue. The governor highlighted the importance of adding value to Nigeria’s entertainment sector during the 36th convocation ceremony of Yaba College of Technology (YABATECH).

He also noted ongoing investments in infrastructure such as the Lagos Film City, the revamped National Theatre, and other cultural landmarks, all of which are geared towards positioning Lagos as a hub for artistic and cultural excellence.

A film village is a dedicated space where filmmakers can plan, produce, and premiere their work. It provides a collaborative environment for filmmakers to network, exchange ideas, and work on projects together. Additionally, film villages enhance the filmmaking process by enabling on-location shooting, capturing the unique cultural, architectural, and natural elements of a place. These features add depth and richness to films, making them more engaging for audiences worldwide.

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