The Film Blog: In a surprising rarity, the Bank of Industry is actually making impact

We were paying attention to Jade Osiberu’s talk about how the Bank of Industry made available the tens of millions that she needed for her film, about two years ago and it occurred to us that a number of people have these kinds of stories, over the past few years.

Kunle Afolayan, Opa Williams and many others have managed to access the low-interest (the lowest interest capital you will find in Nigeria for ANYTHING apart from, perhaps, agriculture) loans to make movies, and they’ve had fine stories to tell.

We also know there is a raft of creative industry types, including D’banj who have accessed capital for various products that don’t focus on film, and so for whatever its worth, this is a government agency doing precisely what it was created to do re the creative industries fund.

And the fact that Osiberu is a young woman who had a profound success story simply by virtue of the power of her idea, according to the official accounts both sides tell, warms our hearts.

We are proud of BOI, if all we hear is true. We are prouder still of the talent that they have caused to fly.

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