Nigeria unveils US$12MN fund to tackle Nollywood piracy
DetailsRebecca Hawkes | 23 January 2015
The Nigerian Government has launched a N2 billion (US$12 million) fund to tackle piracy in the audiovisual industry by improving the country's content distribution network.
The latest initiative in the ongoing Project ACT Nollywood - the presidential intervention programme established to improve technical and professional capacity in Nigeria's film sector - the move aims to tackle a poor distribution system and rampant piracy affecting the industry.
The aim of the new Innovation Distribution Fund (IDF) is to better protect intellectual property in the Nollywood film industry, and is targeted at businesses operating or seeking to operate in the film distribution sector.
The IDF will strategically co-finance new channels and support the expansion of current ones to help boost the number and quality of distribution options.
Technology-based solutions such as digital streaming, enablers of effective distribution, movie exhibition infrastructure and physical distribution will all be considered for funding. Application details can be found at the government's Project ACT website until 19 March 2015.
This is the latest initiative in Project ACT, which so far claims to have supported 92 film projects in various categories thanks to the Film Production Fund. In addition, 205 individuals working within the Nollywood movie industry have undertaken training courses in Nigeria, the US, the UK, and India, in order to hone their technical skills. Private film-training institutions in Lagos, Kano, and Port Harcourt have also received grants to develop their capacities to offer training programmes, as part of the government's plans to further develop the Nollywood movie industry.