Connect with us

Entertainment

NOLLYWOOD HAS CAPACITY TO SURPASS HOLLYWOOD AND BOLLYWOOD FINANCIALLY WITH FEDERAL GOVERNMENT SUPPORT” SAYS THEO UKPAA AT A RECENT LECTURE.

Published

on

Media Executive and AFRIFF COO, Theo Ukpaa delivered a very insightful lecture during his master-class at the Oslo Urban film conference in Norway. He gave a detailed breakdown on the growth of the Nigeria film industry popularly known as Nollywood. Nollywood ranks second in the world after Hollywood with a financial value of over $6.4 billion, making it one of the fastest-growing movie industries in the world and one of the biggest employers of labour in the country. Ukpaa felt a need to enlighten the global film front about the Nigeria film industry while emphasizing that with Federal Government support, Nollywood has potentials financially to surpass Hollywood and Bollywood out together.
“To put the financial impact of Nollywood on the socioeconomic landscape in proper perspective, we must consider the known fact that the Nigerian movie industry is currently ranked the second largest film industry globally with the financial value of the film industry put at over $6.4 billion as of 2021” Ukpaa narrates.
The Oslo Urban film conference Norway in is organised by independent filmmakers and attracted speakers and facilitators from all over Europe, USA and Asia. At the event which also saw players and stakeholders in the industry from all over the world being rewarded with awards of various categories, the AFRIFF COO said the impacts of Nollywood in the Nigerian economy, if well sustained would open doors of prosperity to the country and beyond.
Ukpaa said “since the breakthrough by pioneers of the industry in the 60s and early 90s, “Nollywood has become a thriving space that not only provides an avenue for entertainment but also generates significant revenue for Nigeria’s economy”
“Furthermore, the job-creating potential inherent in the industry cannot be overstated as the industry currently employs over ten million people, making it one of Nigeria’s largest employers. Its capacity to employ a large number of people has been applauded by the World Bank, who acknowledged the job creation potentials of Nollywood,” he added.
There is no surprise regarding the high registration and turn out Ukpaa’s Masterclass following the success of his Masterclasses all around the globe, incorporating his many film lectures at various international universities. Mr. Ukpaa has spread his teaching to institutions in Europe, America and African continent. The Global film development Masterclass integrated Filmmakers technical and conceptual understanding of filmmaking with the practical dimensions of managing career in the Global film industry. Young filmmakers were enlightened about the great influx of streaming platforms like Netflix and Prime video and the current industry business models and development plans to advance their careers in filmmaking on a global stage.
According to Theo “Often times people focus merely on the show and glamor as well as the razzmatazz that comes with filmmaking, and end up dying broke. A strong national economy depends on a strong creative economy—and it all starts with a story. The film and television industry supports 2.4 million jobs, pays out $186 billion in total wages, and comprises over 122,000 businesses. As a Filmmaker, one of the best moments is directing real stories of real individuals, getting them to the big screens and smiling to the Bank”. He believes that passion can burn out when expenditure and hard work does not produce financial returns. These are part of the important basics he taught at his Masterclass at the coal city film Festival.
Young filmmakers were also thought how to pitch their film project, how best to approach investors, how to access international grants, how to approach film distribution the perfect way and how to stay relevant in the film industry while maximizing profit.
Theo Ukpaa is an African filmmaker, playwright, and entrepreneur. He was listed as top 10 most promising new directors by Africa Kulture Magazine in 2020.
Ukpaa is a certified project management professional offering a Master’s in Business Administration degree from the prestigious Loyola Marymount University in Los Angeles, California plus a Diploma in Contract Law from the esteemed Harvard University. A Native Nigerian with a passion to empower young art and culture creatives through teaching and Masterclasses at various free empowerment across Africa.
He also touched on the importance of a production treaty between Nigeria and the neighboring African countries to ease free flow of cultural exchange and breaking language barrier while leaching on great treaty benefits. The importance of Government tax incentives was also emphasized.
It was imperative to note that the Nigeria film industry contributes largely to the nations GDP and deserves a lot of support from the government as it relates to growth and sustainability in the creative sector of the country.
Theo has multiple speaking engagement lined up all year at various institutions including the Willshire Film festival in London, Sabia film festival in Monaco, the Francoise film festival in Paris, France and the United States of America

Entertainment

Fuji Icon Remi Aluko Set to Thrill Fans at Ojez Railway Recreation Center Ebute Metta on Friday

Published

on

By

 

 

Fuji music legend Remi Aluko is set to bring the house down at the highly anticipated Toitoi Concert this Friday, December 20, at the Ojez Railway Recreation Center, Ebute Metta. Returning to the heart of Lagos, where his storied career began over two decades ago, Aluko is ready to deliver an electrifying night of rhythm, energy, and nostalgia.

 

Known for his mastery of blending traditional Yoruba melodies with modern Fuji vibes, Aluko has built a reputation for high-octane performances and a soulful connection with his audience. At the Toitoi Concert, fans can expect a lineup of his classic hits alongside fresh, unreleased tracks that showcase his continued evolution as a Fuji icon.

 

Speaking at a media briefing, Aluko shared his excitement:

“This concert is personal for me. Ebute Metta holds so many memories, and I can’t wait to give my fans a night they’ll never forget. Come early for some surprises—it’s my way of showing appreciation for the love and support over the years.”

 

Chief Joseph Odobeatu, Chairman of Ojez Entertainment Group, echoed Aluko’s enthusiasm, highlighting the venue’s significance as a cultural hub:

“The Ojez Railway Recreation Center is more than just a venue—it’s a place of history and celebration. We’re thrilled to host this landmark event and are committed to providing a secure and festive atmosphere for all music lovers.”

 

The Toitoi Concert promises to be more than just a musical event—it’s a celebration of Fuji culture, bringing together fans from all walks of life. Whether you’re a long-time follower of Aluko’s career or a newcomer to Fuji music, this concert offers an immersive experience into the rich heritage and modern vibrancy of the genre.

 

Don’t miss this once-in-a-lifetime opportunity to groove with Remi Aluko in an unforgettable evening of music, dance, and celebration. Dust off your dancing shoes and get ready to make memories at the Toitoi Concert!

Continue Reading

Entertainment

Photos From The Star Studded Bodex Social Media Hangout 5.0

Published

on

By

Continue Reading

Entertainment

COSON MEMBERS CELEBRATE BUMPER =N=465.5 MILLION ROYALTY DISTRIBUTION!

Published

on

By

 

It was singing, jubilation and merriment this Tuesday, December 10, as members of Nigeria’s No 1 copyright collective management organization, Copyright Society of Nigeria (COSON), approved a 2024 royalty distribution of a whopping =N=465.5 million for COSON members and associates. Following the approval, the distribution which is the highest in the history of the organization, began immediately as several COSON members started receiving bank alerts on their phones while still at COSON House.

They came from the East, the West, North and South of Nigeria: gaily dressed musicians who stormed Oluwaleimu Street, in the Allen Avenue Area of Ikeja where the magnificent COSON House stands sparkling in the sun, and in which COSON’s 2024 Annual General Meeting took place.

The AGM practically turned into a carnival as the former President of PMAN and Chairman of COSON, Chief Tony Okoroji, who presided at the General Meeting, delivered a moving address which he titled, “the COSON Spirit”.

 

The celebrated copyright warrior was praised repeatedly by joyous COSON members after delivering his speech in which he said, “We have deployed the law, like no other organization in the history of Nigeria, to form a bulwark against the people, in and out of government, who have tried everything to hijack and plunder COSON or if they fail, to kill COSON. You know the modus operandi of the vampires among our citizens: they grab every good thing in Nigeria for themselves, their friends and families with no thought for the millions of other people in our country. They are not satisfied with owning one house. In a nation where millions do not own even a hut, they grab what belongs to all of us and build 735 duplexes for themselves alone and want more as if they have a contract with the Almighty that they will never die.

“I wish to state that I have been to practically every court in the land, have mounted the witness box and testified, and have won victories on behalf of COSON that many had thought were impossible. We have retained the services of four first class senior advocates and several other senior lawyers.

“Without the decisions of those distinguished Judges of the Courts who remain committed to truth and justice, COSON, this great pan Nigerian organization that has become the nation’s most formidable agent of strength, unity, progress and growth for the creative industry, would have since been sucked dry and wiped away.“

With sadness in his voice, Chief Okoroji said, “Fellow members of COSON, let me state that I verily believe that in these hard times, we could have done more, much more for the musicians of Nigeria. It is a paradox that the institution established by the state to enable us to soar and achieve great results for our nation, conspired with carpetbaggers and fraudsters to become the greatest obstacle to our progress and success. But… we continue to fly, due to the unbreakable COSON Spirit”.

In his speech, the COSON Chairman thanked the Management led by General Manager, Mrs. Bernice Eriemeghe Ashibuogwu, for their contribution to the success of the society,

Identified at the AGM were such persons as the President of the Creative Industry Group, Amb. Felix Duke; President of the Music Producers and Marketers Association of Nigeria (MUPMAN), Eng Sharon Wilson; Afro Juju music super star, Sir Shina Peters; Reggae Music giant, Righteousman Erhabor; celebrated female singer, Stella Monye; Pop Music sensation, Alex O; Gospel Music Minister, Kenny Saint Brown; Showbiz Impresario, Koffi Da Guru, Popular entertainment die-hard, Steve Black and many more.

Also present were members of the COSON Board such as Abuja based, Chief Uche Emeka Paul, a workhorse of the Catholic Charismatic Music Ministry; Enugu based music toaster and publisher, Angus Power Nwangwu; Oge Kimono, first daughter of the unforgettable Rub-A-Dub Master, Ras Kimono who himself was a COSON die hard, before his death; renowned drummer, Richard Cole, famed producer Zdon Paporella and Gospel Music Minister, Evangelist Olusegun Omoyayi.

Hundreds of COSON members joined the jubilant AGM on-line via Zoom.

Continue Reading

Trending