{"id":7645,"date":"2026-07-12T06:37:52","date_gmt":"2026-07-12T06:37:52","guid":{"rendered":"https:\/\/stakebridgeirpr.com\/media\/?p=7645"},"modified":"2026-07-12T06:37:52","modified_gmt":"2026-07-12T06:37:52","slug":"nfc-boi-position-nfi-for-idice-expansion","status":"publish","type":"post","link":"https:\/\/stakebridgeirpr.com\/media\/nfc-boi-position-nfi-for-idice-expansion\/","title":{"rendered":"NFC, BoI Position NFI For iDICE Expansion"},"content":{"rendered":"

By Ovio Peters<\/strong><\/p>\n

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The Nigerian Film Corporation (NFC) hosted a Bank of Industry (BoI) delegation for a two-day strategic engagement at the National Film Institute (NFI) under the Federal Government’s Investment in Digital and Creative Enterprises (iDICE) Programme. The engagement assessed NFI’s readiness to scale film production, content creation and creative enterprise training. Managing Director (MD) and Chief Executive of the NFC, Dr. Ali Nuhu, said that NFI’s long-standing domestic and international partnerships provide a foundation for expanding digital skills, mentorship and global competitiveness. The BoI delegation expressed satisfaction with the institute’s training record and institutional capacity to absorb planned interventions.<\/p>\n

DECISION HIGHLIGHT<\/strong><\/p>\n

The engagement shifts iDICE beyond startup financing towards strengthening the infrastructure that produces skilled creative talent, positioning the National Film Institute as a strategic pipeline for Nigeria’s expanding digital and creative economy.<\/p>\n

DECISION MEMO<\/strong><\/p>\n

The significance of the engagement lies less in institutional collaboration than in iDICE’s evolving implementation strategy. While much public attention has centred on venture capital funding, government is increasingly recognising that investment capital alone cannot sustain a competitive creative economy without parallel investment in talent development.<\/p>\n

NFI represents an existing national asset rather than a greenfield project. Upgrading its training capacity potentially reduces execution risk while accelerating workforce development for film, digital media and content production.<\/p>\n

The initiative also aligns with the BoI’s broader iDICE deployment strategy. Following the appointment of Kuramo Capital Management to manage the $170.06 million Fund of Funds, government is simultaneously strengthening both the supply of investment capital and the supply of industry-ready human capital. That dual-track approach broadens the programme’s economic impact beyond startup financing.<\/p>\n

Ali Nuhu reinforced this objective, stating that iDICE support will enable NFI to continue equipping “young, digitally savvy Nigerians with cutting-edge skills, mentorship, and capacity-building opportunities to compete in the global creative economy.”<\/p>\n

Similarly, the MD and Chief Executive of the BoI, Dr. Olasupo Olusi, described iDICE as “one of Africa’s most ambitious interventions in the technology and creative economy,” adding that it seeks to unlock entrepreneurship, stimulate innovation, create sustainable jobs and transform the economy. He further noted: “The integrity of the fund is tied directly to Nigeria’s credibility in the global investor community.”<\/p>\n

DATA BOX<\/strong><\/p>\n