PRESS RELEASE FASHOLA TO NIGERIAN YOUTHS: DON’T DESPAIR, THERE IS HOPE, RECOVERY AHEAD

· Calls for patience, hard work as panacea for economic recovery
· “With what I am seeing in the seven months of implementing a budget, recovery is on the way”, he says
· Urges Nigerian youths to be prepared to play bigger roles as results of budget implementation, steps to stimulate local production begin to manifest more forcefully

Fashola

The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Tuesday participated in a Special Town Meeting with Youths in Abuja bearing an unmistakable message of hope even as he called for patience and hard work among Nigerians as the panacea for the much desired national economic recovery.

Fashola, who spoke at the Town Hall Meeting with Nigerian Youths in Abuja organised by the Federal Ministry of Information and Culture, prefaced his contribution with an acknowledgement of his age and some of his colleagues as being beyond the youth bracket but quickly added that he has useful experience to share with the gathering.

His words: “ The point really is that as unyouthful as I am there is a lot of story and history there. For the very, very young people, the first thing I’ll like to say to you is don’t despair. There is hope and there is light at the end of the tunnel. I have seen Nigeria like this before, even worse…I want to say to you don’t lose faith.”

FG TO RESTRUCTURE PROJECT ACT NOLLYWOOD FOR SUSTAINABILITY

* CONVENES STAKEHOLDERS WORKSHOP

The Federal Government is organizing a workshop for stakeholders aimed at restructuring and reinvigorating Project ACT Nollywood, the N3billion grant programme established by the Federal Government to solve the main challenges impeding the growth of the Nigerian movie industry.

The workshop, which is scheduled for Friday July 1, 2016, would be attended by representatives of the key stakeholders in the Nigerian Film industry, such as the Federal Ministry of Information and Culture, the leadership of Nollywood, the Actors Guild, Film and Videos Censors Board, The Nigerian Film Corporation and The Nigerian Copyright Commission.

The Minister of Finance, Mrs. Kemi Adeosun, the Convener of the workshop, has stated that the ideas discussed during the workshop would be part of the inputs for restructuring the project to ensure its sustainability.