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The Abuja Investment Forum, held yesterday, delved into the burgeoning potential of the Nigerian entertainment industry, with an emphasis on attracting investment and fostering growth. The forum featured a panel of industry leaders, including Seun Oloketuyi, CEO of the Best of Nollywood (BON) Awards and a film producer; Chief Emeka Rollas, President of the Actors Guild of Nigeria (AGN); Fidelis Duker, founder of the Abuja Film Festival; and veteran actress Rekiya.
The discussion focused on the untapped investment opportunities within Nollywood, music, and the broader entertainment space, as well as the sector’s significance to Nigeria’s economy. Panelists analyzed the industry’s challenges, including funding, infrastructure, and distribution, and offered solutions to drive future growth.
Seun Oloketuyi emphasized the role of strategic partnerships in boosting investment, noting that collaboration could attract both local and international stakeholders to the entertainment industry. Chief Emeka Rollas called for increased government support, highlighting the industry’s contribution to cultural identity and job creation. Fidelis Duker stressed the importance of film festivals in promoting Nigerian talent globally, while Rekiya reflected on how new financial structures could support the evolution of Nollywood.
The panel concluded by urging investors to seize the immense opportunities within the Nigerian entertainment sector, which, if properly harnessed, could achieve global prominence.
With a focus on innovation and strategic investment, the forum laid out a promising path for the future growth of the Nigerian entertainment industry.
