Post by Trade facilitator on Oct 20, 2013 20:26:03 GMT 1
THE Nigerian Export Import (NEXIM) Bank has decided to engage in strategic partnerships and sponsorship support of some creative and entertainment industry in the area of marketing, advocacy and capacity building programmes, which are intended to create awareness.
NEXIM Bank will also build capacities, facilitate monetisation of intellectual property, as well as showcase Nigeria’s talents.
Managing Director, NEXIM Bank, Mr. Robert Orya, said at a recent event in Abuja that NEXIM’s contributions are in the areas of provision of finance and guarantees to enhance industrial capacities; support the acquisition and adoption of new and clean technologies, thereby ensuring competitiveness of Nigerian movies in the global market.
According Orya, “In the last few years, the bank has supported the Nigerian non-oil export sector to the tune of N20 billion. As regards the funding intervention in the next five years, the bank’s strategic plan projection is to support non-oil export sector to the following minimum levels: from N41 billion in 2012, we hope to expand to N50 billion by the end of 2013; 2014 would be N63 billion, while we plan to support the non-oil sector with N94 billion by 2015.”
He noted that the bank’s funding interventions thus far were for various entertainment value-chains like distribution, exhibition infrastructure, digital studios and digital equipment, as well as film production.
Orya said that part of the synergy is to eligible companies in all the value chains within the creative arts and entertainment industry under the Nigerian Creative Arts and Entertainment Industry Facility Scheme.
Source: www.ngrguardiannews.com/national-news/131387-nexim-bank-to-lift-entertainment-sector-
NEXIM Bank will also build capacities, facilitate monetisation of intellectual property, as well as showcase Nigeria’s talents.
Managing Director, NEXIM Bank, Mr. Robert Orya, said at a recent event in Abuja that NEXIM’s contributions are in the areas of provision of finance and guarantees to enhance industrial capacities; support the acquisition and adoption of new and clean technologies, thereby ensuring competitiveness of Nigerian movies in the global market.
According Orya, “In the last few years, the bank has supported the Nigerian non-oil export sector to the tune of N20 billion. As regards the funding intervention in the next five years, the bank’s strategic plan projection is to support non-oil export sector to the following minimum levels: from N41 billion in 2012, we hope to expand to N50 billion by the end of 2013; 2014 would be N63 billion, while we plan to support the non-oil sector with N94 billion by 2015.”
He noted that the bank’s funding interventions thus far were for various entertainment value-chains like distribution, exhibition infrastructure, digital studios and digital equipment, as well as film production.
Orya said that part of the synergy is to eligible companies in all the value chains within the creative arts and entertainment industry under the Nigerian Creative Arts and Entertainment Industry Facility Scheme.
Source: www.ngrguardiannews.com/national-news/131387-nexim-bank-to-lift-entertainment-sector-
