By Benjamin Njoku
Jubilation has continued to greet the decision of the federal government to create a N3bn grant for the entertainment industry sub-sector, despite expression of fear by some stakeholders over the accessibility of the grant.
Last Saturday, President Goodluck Jonathan announced a N3 bn grant to support the nation’s motion picture industry. He also launched a programme known as “Project Nollywood,” which he said will help to support the key components of the industry’s value chain through a dedicated grant.