August 11, 2015 – “Probe Jonathan’s $200 Million Grant To Nollywood” – Actor Lari Williams Tells Buhari
A veteran Nollywood actor has challenged Jonathan’s whopping N3 Billion grant to Nollywood.
Lari Williams today urged Buhari to probe President Jonathan’s Nollywood largesse over allegations of misappropriation and embezzlement.
In his words:
“There was a cash grant for the development of arts in Nigeria disbursed to the sector by the immediate past president but the practitioners do not know how the grant is being disbursed.
“We need to know how the funds given to the sector is being disbursed because the growth of Nigeria’s entertainment industry will be enhanced by such money if well utilised.
“Let’s restructure the industry to give a better foundation for the entertainment sector to grow the way it should,”.
The grant approved for Nollywood under Jonathan administration was not properly disbursed.
According to Nollywood sources, Ibinabo’s loyalists were the only one who benefited from the fund.
The acting President of AGN, Emeka Ike said he met an empty treasury.
So what happened to the N3 billion Jonathan gave Nollywood??? Somebody must account for it.