National Assembly Complex
A Bill for an Act to establish a trust
fund for Financing and Strengthening of Nigerian Entertainment Industry,
on Thursday passed second reading in the House of Representatives...
The Bill seeks to strengthen the entertainment industry to spark job creation and economic growth.
Moving the motion for passage of the Bill, Hon. Yusuf Tijani
(PDP-Kogi) said that when passed, the law that would emanate from the
bill would help in the economic diversification of the nation’s economy.
Tajudeen added that the Bill would also
regulate the practice in the entertainment industry and stimulate its
activities with take-off grant for the trust fund from the Federal
Government.
He said “the fund is to be managed by a board of trustees.”
“The board shall consist of a
representative each from the Ministries of Information and Culture,
Labour and Employment, and Finance.’’
The lawmaker also said that the fund
would provide money to support all entertainment activities and
programmes for the promotion of education, skills acquisition and
training.
Passage of the Bill was unanimously
approved by members through a voice vote and it was referred to the
Committee on Information, Orientation, Ethics and Privileges.
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