Nigeria’s film industry, Nollywood, is entering a powerful new era and this growth is driven by strong government support and bold leadership.

At the forefront is the Honorable Minister of Art, Culture, Tourism and Creative Economy, Hannatu Musawa.

Under her direction, the government is rolling out bold policy reforms.
It is also injecting strategic funding and investing in key infrastructure.

As a result, Nollywood now has the tools to grow faster, compete globally, and tell more impactful stories.

Step by step, Nigeria is transforming Nollywood into a world-class creative force.

1. Tax Incentives: Attracting Film Investment to Nigeria

New production tax credits are transforming the economics of filmmaking in Nigeria.

Productions can now access up to 30% rebates on eligible local expenses, significantly lowering the cost of shooting in Nigeria.

These incentives have already drawn several big-budget local and international projects to the country boosting job creation, upskilling local talent, and keeping production capital within the economy.

2. Creative Economy Development Fund: Fueling Industry Growth

The newly launched Creative Economy Development Fund is Nigeria’s strongest financial commitment to its cultural and creative industries.

It provides access to essential funding; seed capital, production loans, and marketing grants for film and TV projects.

The fund doesn’t just finance individual productions; it strengthens the entire film value chain, including script development, producer training, and digital distribution.

3. Infrastructure Investment: Building World-Class Film Studios

To address long-standing gaps in production quality, the government is investing in world-class studio facilities across Lagos and Abuja.

These hubs offer modern, permanent spaces for film production, reducing logistical challenges and raising technical standards.

Simultaneously, investments in post-production centres aim to limit reliance on foreign editing and VFX services keeping more value in Nigeria.

4. Co-Production Treaties: Connecting Nollywood to the World

Through strategic co-production treaties with countries like the UK, France, South Africa, and Canada, Nollywood filmmakers now have access to international funding, tax reliefs, and expanded production resources.

These agreements also open doors to global distribution channels, helping Nigerian stories reach new audiences across borders.

Through coordinated policies, funding, and global partnerships, Nigeria is reshaping Nollywood into a structured, high-potential industry, one that’s not only economically viable but also culturally influential.

These reforms mark a historic turning point, unlocking the potential for Nigerian cinema to thrive on the global stage.

Real Reforms Driving Nollywood’s Global Takeover