Close Menu
The Paradise NewsThe Paradise News
  • Politics
  • Business
  • Metro
  • Sports
  • Ent. & Lifestyle
  • Health
  • Sci-Tech
  • Wiki Bio
  • More
    • News
    • Fact Check
    • Education
    • Relationship
    • History
    • Security
    • Tourism
    • Feature
    • Opinion
Facebook X (Twitter) LinkedIn Pinterest Instagram
The Paradise NewsThe Paradise News
  • Politics
  • Business
  • Metro
  • Sports
  • Ent. & Lifestyle
  • Health
  • Sci-Tech
  • Wiki Bio
  • More
    • News
    • Fact Check
    • Education
    • Relationship
    • History
    • Security
    • Tourism
    • Feature
    • Opinion
The Paradise NewsThe Paradise News
Home » News » Massive Boost For Nollywood As Sanwo-Olu Flags Off Construction Of N100 Billion Lagos Film City
News

Massive Boost For Nollywood As Sanwo-Olu Flags Off Construction Of N100 Billion Lagos Film City

October 19, 2023
Massive Boost For Nollywood As Sanwo-Olu Flags Off Construction Of N100 Billion Lagos Film City

Lagos State Governor, Babajide Sanwo-Olu, on Wednesday, laid the first foundation block for the development of the Lagos Film City.

The project, which is sited on 100-hectares of land in Ejinrin town, Epe, is intended to enhance originality in content creation in Nollywood – Nigeria’s film industry.

Recall that the state government in October last year, announced that it had signed a Memorandum of Understanding (MoU) with the Del-York Group for the construction of the project.

Sanwo-Olu said the project, which would be executed through PPP model, marked a significant milestone in his administration’s journey to creating a thriving film industry in Lagos that would have a global appeal.

The governor said: “Today, we embark on a journey that will redefine the landscape of the film industry in Lagos. As we break the ground for this $100million (N100 billion) project covering a land area of 100 hectares and which will be executed through PPP model, we are laying the foundation for a creative hub that will serve as a catalyst for innovation, talent discovery, and storytelling excellence. This is a testament to our commitment to nurturing the arts and supporting the dreams of aspiring filmmakers, actors, and technicians.

“It is our strong belief that the film industry has the power to transcend boundaries and bring people together. It has the ability to inspire, entertain, and educate. Through the magic of cinema, we can showcase the rich cultural heritage of Lagos, while telling stories that reflect our shared experiences, and amplify the voices of our diverse communities. This film city will serve as a canvas for these stories, providing a platform for our talented artists to shine on both local and global stages.”

Through the project, Sanwo-Olu said Lagos would tap into the global entertainment GDP and create job opportunities for young cinematographers, while stimulating economic growth and attracting more foreign investment into the sector.

“The Film City is not just about bricks and mortar. It is about the people who will walk through its doors and breathe life into its spaces. It is about the dreams that will be realised, stories that will be told, and impacts that will be made. Our creative community is the beating heart of this film city, and we are committed to providing them with the resources, support, and opportunities they need to thrive. This is an ecosystem that will nurture creativity, foster collaboration and empower artists to push their craft beyond the local boundaries,” he said.

The Commissioner for Tourism, Arts and Culture, Toke Benson-Awoyinka, noted that upon completion the project would have positive impact on tourism in the state.

“By the time the Lagos Film City comes on board, the spiral-effect on Lagos profile as a tourist destination of choice would be appreciated beyond the entertainment sector,” the Commissioner said.

The founder of Del-York Group, Linus Idahosa, said allocation of private equity to investors in the project development underscored Sanwo-Olu’s understanding of key partnerships required to deliver the vision and enhance growth in the creative sector.

He said: “This idea of strategic collaboration between the Government and stakeholders is what it takes to push the country forward. The future of this country will be determined by the creative energy we are about to harness through the Film City project.”

Source

General News Nigeria World
Share. Facebook Twitter WhatsApp Telegram Reddit Pinterest LinkedIn Tumblr Email

Related News

Top 10 stories from across Nigerian Newspapers, Thursday, December 7, 2023

December 7, 2023

Group demands timely justice delivery for survivors of gender-based violence

December 7, 2023

King County Library System Foundation Secures $800,000 Grant From Mellon Foundation For Memory Lab Project

December 7, 2023
Latest News

What Is Baroque Works in One Piece (Explained)

December 7, 2023

Redmi 13C 5G has been unveiled with exciting features

December 7, 2023

Top 10 stories from across Nigerian Newspapers, Thursday, December 7, 2023

December 7, 2023

Group demands timely justice delivery for survivors of gender-based violence

December 7, 2023

King County Library System Foundation Secures $800,000 Grant From Mellon Foundation For Memory Lab Project

December 7, 2023

Player & Manager Ratings: Manchester United 2 – 1 Chelsea

December 7, 2023
Load More
The Paradise News
Facebook X (Twitter) Pinterest LinkedIn
  • About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms
© 2023 The Paradise News, A Paradise Media Venture. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.