NFC, FCT sign ₦2.5bn MoU for Zuma Film Festival | The Guardian Nigeria News - Nigeria and World News

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The Nigerian Film Corporation (NFC) and Federal Capital Territory Administration (FCTA) have signed a N2.5 billion Memorandum of Understanding (MoU) for the hosting of this year’s Zuma Film Festival (ZUFF).

The Managing Director of NFC, Dr Chidia Maduekwe, disclosed this in a statement made available to the News Agency of Nigeria in Umuahia on Sunday.

According to him, the revenue target will be achieved through interest, international participation, co-production agreements and traffic generation for increased film production shoot in the FCT. “Nigeria should be a destination for the celebration of cinematic excellence, not just talking about us being the second largest producers of films in the world,” the NFC boss stated.

 

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