Del-York, Lagos launch $100m film city project – moneyamebo


Del-York Group and the Lagos State Government have launched a state-of-the-art film city project in Epe, estimated to cost $100m.

Lagos State Governor, Babajide Sanwo-Olu, on Wednesday in Ejirin, a community in Epe Local Government Area of the state, said the initiative was aimed at reshaping the African film and entertainment industry.

The project, named ‘Kebulania Lagos Film City’, is a product of a partnership with Del-York International Group and is expected to boost innovation, talent discovery, and storytelling.

Sanwo-Olu in his welcome speech, said, “Today, we embark on a journey that will redefine the landscape of the film industry in Lagos State.

“As we break the ground for this $100m film city covering a land area of 100 hectares of land and which will be executed on the Private Public Partnership model, we are laying the foundation for a creative hub that will catalyse innovation, talent discovery, and storytelling excellence.”

The Chief Executive Officer and Founder of Del-York Group, Linus Idahosa, at the launch, spoke passionately about the transformative potential of the newly unveiled film city project in Epe.

Idahosa, the visionary behind the concept conceived three years ago, emphasised that the venture transcended beyond being just a catalyst for creative mastery, economic vibrancy, and job generation.

Expressing optimism about the collaboration between Lagos Film City and the Lagos State Ministry of Tourism, Arts, and Culture, Idahosa anticipated substantial economic impact.

He highlighted the expected influx of international visitors, emphasizing that the tourism sector alone will make a significant contribution to the local economy.

Source: The Punch


Please enter your comment!
Please enter your name here

Share post:



Latest Updates

More like this

W.African bloc lifts sanctions against Guinea, Mali

West Africa's regional bloc ECOWAS said Sunday it was...

FG eyes 1,268MW from new eight power plants

The Federal Government is expecting 1,268 megawatts of power...

45,000km longest subsea cable lands in Nigeria

To broaden Nigeria’s Internet ecosystem, Bayobab, a pan-African digital...

Banks sell $172m as CBN, EFCC battle currency speculators

Experts fault NAFEM intra-day rates, demand full...
Bitcoin (BTC) $ 50,956.65 1.35%
Ethereum (ETH) $ 3,043.18 0.76%
Tether (USDT) $ 1.00 0.02%
BNB (BNB) $ 385.47 1.58%
Solana (SOL) $ 101.62 1.02%
Lido Staked Ether (STETH) $ 3,040.24 0.73%
XRP (XRP) $ 0.533134 2.49%
USDC (USDC) $ 0.999126 0.15%
Cardano (ADA) $ 0.574983 2.59%
Avalanche (AVAX) $ 36.43 0.79%