Chizor Malize, the FITC Managing Director/Chief Executive Officer, stated this at the fifth edition of the annual seminar and Short Film Screening of Nollywood Creative Mind forum held in Lagos recently.
According to her despite the potential of the Nollywood industry, the sector remains underfunded. She added that the industry’s frequent funding challenges have forced some filmmakers to seek external support and assistance, which have stringent requirements attached to them.