Daily Post Nigeria
Published
Earlier this month, the MultiChoice Talent Factory Academy graduated its second set of 20 students via a virtual ceremony.
The students, whose course work was extended from 12 months to 18 months due to the pandemic, took a 3-week intensive New York Film Academy (NYFA) course on the production of micro-documentaries, Public Service Announcements (PSAs) and music videos.
They also worked with the United Nations on the global #PledgeToPause campaign which exposed them to global networks, thus walking away with two certificates – one from the prestigious Pan-Atlantic University (PAU) and an equally illustrious qualification from the New York Film Academy of Visual and Performing Arts (NYFA).
Chigoziem Dike
In 2014, Nigeria’s Gross Domestic Product (GDP) was rebased from $270bn to $520bn, making it the largest economy in Africa and the 26th largest in the world. This close to 90% increase was attributed to new sectors of the economy not previously captured, one of which was the creative industry. For the first time in Nigeria’s economic history, the value of this industry was captured and one of its subsets – Nollywood – was discovered to have contributed 1.42% to the GDP, an impressive $7.2bn in monetary value. Nollywood has grown to be globally recognized as the second largest film producer in the world, producing about 2500 films a year and generating $590million annually.