Abubakar Atiku Bagudu, Hon. Minister Budget and Economic Planning

The Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, has urged the Managing Director/Chief Executives of the Nigerian Film Corporation (NFC), Dr. Ali Nuhu, to create valuable opportunities for young people in the creative industry.

Dr. Ali Nuhu, Managing Director of the Nigerian Film Corporation

The NFC, a parastatal within the Federal Ministry of Culture and Creative Economy, aims to promote a thriving film industry and cinema culture in Nigeria.

Bagudu also recommended that the corporation collaborate with KOICA of South Korea, Japan, and the French Embassy to advance the creative sector in the country. Dr. Ali Nuhu, described as a disruptor brought into government to use his creative ability to convey positive messages of Renewed Hope and project resilient Nigerians who strive for meaningful lives. Bagudu further called for support from international organisations and stakeholders to help the Nigerian Film Corporation enhance the country’s economic growth.

 The minister’s comments were made during a courtesy visit by Dr. Ali Nuhu and senior members of the corporation at the ministry, as stated by the ministry spokeswoman Julie Osaige-Jacobs. Abubakar Bagudu highlighted President Bola Ahmed Tinubu’s deliberate establishment of the Ministry of Culture and Creative Economy, recognizing the economic contributions of certain organisations or fields to a nation’s growth.

The minister emphasised that the creative industry is our primary asset, not a liability, and is the largest employer of labour. In response, the NFC boss expressed the need for increased budget allocation to fulfil the corporation’s objectives. He highlighted that the budget increase would support maintaining liaison offices, developing the NFC permanent site, enhancing staff capacity, and recruiting new personnel. 

During her welcome speech, the Director of Economic Growth, Elizabeth Egharevba  said “Our entertainment Industry is contributing to our economic  growth and with your appointment by the President, we are positive you will achieve more”.

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