• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Opinion

Nollywood films can make more money for Nigeria than oil — Obaseki

Quadri Olaitan by Quadri Olaitan
October 17, 2023
in Opinion
0 0
0
Obaseki jpg
thenacre-campaign

The governor of Edo State, Godwin Obaseki, is confident the Nollywood film industry can become a cash cow for Nigeria if stakeholders play their cards right and maximise obvious opportunities.
Recommended articles

Five interesting things you need to know about the production of Ijogbon [Instagram/kapmotionpictures]
movies Here are 5 things Kunle Afolayan wants you to know about ‘Ijogbon’
CJ Obasi describes Mami Wata’s Oscars submission as a win for the culture [Realness Institute]
movies ‘This means something for the culture’ — CJ Obasi loves Mami Wata’s Oscars selection
Edo State governor, Godwin Obaseki, wants to provide opportunities for filmmakers who need a platform [ESIFF]
movies ‘Come to Edo’ — Obaseki woos filmmakers with opportunities

He told filmmakers at a mixer in Lagos State on Sunday, October 15, 2023 that the creative industry is the perfect vehicle for Nigeria’s goals of diversifying the economy.

The governor noted that Nigeria is the dominant market on a continent whose share in the entertainment industry is rapidly growing globally. He said organising the industry properly would ensure great benefits for potentially many creators who can export content better than is already happening.

“If we go at this rate, with what is happening in the fossil fuel and hydrocarbon industry, the returns from film will be bigger than oil. Where does that money go to? Not to a few big companies but to hundreds and millions of participants in the industry,” the 66-year-old told journalists.

Perfect-Aesthetic-social-1

Obaseki said the government has an important role to play, by supporting creators and nurturing the industry to become more profitable.

Odun Ifa 2026
ADVERTISEMENT

Sunday’s mixer was organised ahead of the second edition of the Edo State International Film Festival (ESIFF) which will take place in Benin City between November 30 and December 2. Over 3,000 films were submitted from 126 countries, with the most entries coming from Nigeria, Iran, India, the United States and Brazil.

adron lemon friday

The governor said the festival and a planned film village in the capital city show the state’s eagerness to compete in the film space. He invited stakeholders to see Edo as a hub for their productions, promising an abundance of local talent and infrastructure.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

culture change
Opinion

The efficacy of bottom up culture change explained through Boiling Water Theory

by David Okere
October 16, 2025
meta size all v1
Opinion

Nigerians are not having it: PayPal’s quiet comeback bid meets fierce resistance

by Rtn. Victor Ojelabi
December 19, 2025
Akinwunmi Ambode
Opinion

‘Opinion’ Akinwunmi Ambode humanist at 58

by Freelanews
June 14, 2021
prince kassim afegbua 1024x768
Opinion

Tinubu: A cat with many lives

by Freelanews
November 16, 2022
Remi Tinubu akara call
Business

Nigerian food vendors react to the First Lady’s akara, moin moin empowerment call

by Rtn. Victor Ojelabi
June 28, 2026

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Ekiti

Ekiti First Lady bags professorship at University of Ibadan

October 15, 2026
Simon Ekpa

Finland court cuts Simon Ekpa’s jail term to four years

October 15, 2026
Momodu

2027: Momodu predicts Obi will humiliate Soludo

October 15, 2026
NCC

NCC launches device checker to fight fake phones

October 15, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie scaled

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Ekiti

Ekiti First Lady bags professorship at University of Ibadan

October 15, 2026
Simon Ekpa

Finland court cuts Simon Ekpa’s jail term to four years

October 15, 2026
Momodu

2027: Momodu predicts Obi will humiliate Soludo

October 15, 2026
NCC

NCC launches device checker to fight fake phones

October 15, 2026
ADVERTISEMENT
October 2026
SMTWTFS
 123
45678910
11121314151617
18192021222324
25262728293031
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • ToluwaniSings

    BREAKING: Popular gospel singer ToluwaniSings reportedly dies after slumping

    0 shares
    Share 0 Tweet 0
  • 15-year-old girl reportedly comes back to life during funeral (VIDEO)

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0

Just Published!

Ekiti

Ekiti First Lady bags professorship at University of Ibadan

October 15, 2026
Simon Ekpa

Finland court cuts Simon Ekpa’s jail term to four years

October 15, 2026
Momodu

2027: Momodu predicts Obi will humiliate Soludo

October 15, 2026
NCC

NCC launches device checker to fight fake phones

October 15, 2026
Blue Lagos

Blue Lagos begins five solar-powered borehole projects

October 15, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.