Austin Ogbuefi Offers Practical Ways Gov’t can Elevate Nollywood - THISDAYLIVE

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Austin Ogbuefi Offers Practical Ways Gov’t can Elevate Nollywood via thisdaylive

Austin Ogbuefi wears many professional hats. He is a Clinical Laboratory Scientist, a Real Estate Investor and a Movie Producer. Coming off his latest movie premiere “Different World”, in America, the graduate of Louisiana State University has delivered key points the government can do to encourage the producers and by extension enable the growth of a job providing sector.

“Here in America, movie producers get tax incentives. If you shoot a movie here in some of the cities or states, they give you tax incentives from the money you spent to make the movies because they know that when you make these movies, you are providing employment, job for the people, for the actors”.

He said therefore that the Nigerian government can borrow a leaf from what US is doing, noting that aside tax incentives, loans of lower interest rates can also go a long way in making the needed boom.

 

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