In quest to support The creative Industry, the Nigerian bank of Industry has set up a special programme call 'BoI Nollyfund' through which Nigerian leading Film producers can access Fund to produce movie that can be screen in Nigeria and international platform.
To ensure the success of this program the Bank make sure only viable script with good story line can benefit from the script,by setting up a NollyFund implementation advisory group made up of two cinema management expert, film Critic/Reviewer and producer.
The group mandate is to review scripts and budgets submitted to BoI by movie producer and make Technical recommendation to bank of industry before Loans are granted.
The bank has a limit of N50M grant to producer and N1billion as program limit.
The bank has already accredited some reputable distributors, among which are: G-Media, Filmone Distribution Company, Silverbird Distribution Company and Genesis Deluxe Distribution Company as well as studio operators that include Fans Connect Online Nigeria Limited, Kingsley Ogoro Productions Limited and 4Screams International Nigeria Limited.
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