The World Bank and other agencies are working together to increase the number of jobs and to decrease poverty in Nigeria. Six industries that are being helped are construction, meat and leather, wholesale and retail, ICT, hospitality, and entertainment. Twenty million dollars is being given to hire Nigerians, including unemployed youth, for the film industry.
The Nigerian film industry makes more movies than Hollywood and closer to the same number as Bollywood (India's film industry). The film industry in Nigeria makes the third greatest amount of money in the world; United States and India lead the world.
Nigerian movies are watched all over Africa, Europe, the Americas, and the Caribbean. Most of the movies watched are pirated copies, and the Nigerian film industry doesn't get any money for them. This is going to be worked on, maybe by using a "source identification code" and distributing the movies digitally.
MY REACTION: I think it is good to give money to Nigeria to help hire people. When people have jobs and make money, there are fewer problems.
Link:http://allafrica.com/stories/201005271336.html
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