Abuja – A Bill for an act to establish a Trust Fund for the financing and strengthening of the Nigerian Entertainment Industry, on Thursday passed through second reading in the House of Representatives.
The bill seeks to strengthen the entertainment industry to spark job creation and economic growth.
Mover of the motion, Rep. Yusuf Tijani (PDP-Kogi) said that the bill when passed into law would be capable of diversifying the Nation’s economy.
Tijani added that the bill would also regulate practitioners with an initial take off grant from the Federal Government.
“The Fund is to be Managed by a board of trustees which shall consist of a representative each from the Federal Ministries of Information and Culture, Labour and Employment and Finance.”
Tijani also noted that the fund would provide monies to support all entertainment activities and programmes for the promotion of education, skills acquisition and training.
The bill was unanimously adopted by members through a voice vote and referred to the House committee on
Information, Orientation, Ethics and Privileges.
