BOOST FOR NOLLYWOOD AS SANWO-OLU PRESENTS N200M INTEREST FREE LOAN TO 37 FILMMAKERS

The Governor of Lagos State, Mr. Babajide Sanwo-Olu on Wednesday presented N200 million cheques to 37 beneficiaries of the special interest free loan to film makers under the State’s Creative Initiative (LACI), an initiative of the Ministry of Tourism, Arts and Culture. Governor Sanwo-Olu disclosed that a Nine-Man committee comprising of veteran Film Makers and some senior Government Officials headed by the Commissioner for Tourism, Arts and Culture were set up last year with the mandate of identifying struggling filmmakers that could be empowered with grants and seed fund for…

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