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Why Nollywood needs more funding – Wale Osagie Muraina

Why Nollywood needs more funding – Wale Osagie Muraina

Wale Osagie Muraina

Nollywood producer of note, Wale Osagie Muraina has made a case for more financing for Nollywood movies.

Muraina, who has a track record of producing superb movies like Dear Affy, Mimi, City of Dreams, Kafaya Undercover, Honeymoon Palaver and P.A from hell, said Nollywood movies cannot compete adequately without proper funding.

Speaking at a recent hangout event with the media, Muraina said the fact that he manages funds well and has a reputation of working below budget does not mean the industry can thrive without good funding.

“I know people already tag me as Mr. Fix it of Nollywood. It is true that I have a reputation for managing funds well and working with the budget but that should not be mistaken to mean that Nollywood can thrive without good funding”, he said.

“Filmmaking is a business. It is not a charity work. People need to get that. You hire men and women who have dependents to come to the movie set and work for 20 days or more, they are professionals, they should be well paid. Filmmaking is work. We should first get that out of the way. Look at the way some people live well, drive good cars and take care of their loved ones, filmmakers deserve that as well, so we need to fund the industry”.

Speaking further, Muraina said that quality is costly. “You see all those things we admire in foreign films, colour, costumes, sets, locations and props, they cost money. Those professionals that will make your film pop and the post production that add a little extra to the film that make them extra-ordinary are costly. Those things that will make our films competitive that we see in foreign films, and give the extra ‘wow’ effect, cost money, Nollywood needs good funding. Funding and good planning will make our films great”, he said.

Read also: Inflation hits cinema movie tickets as consumers weigh spending

Speaking on production ability of Muraina, Samuel ‘Bigsam’ Olatunji, a filmmaker, who has his jobs across many platforms, said Muraina is an asset to any production team. “I like his commitment and how he ensures that you get value for every penny and takes care of the crew members. I am glad our paths crossed. He understands production and the most important thing is that he understands film. It will be difficult for any crew member to play a fast one on Wale. And he understands the psychology of treating actors right”, Olatunji said.

Wale Osagie Muraina, who studied at University of Benin, is born of a Yoruba dad from Ijebu and an Edo woman. He grew up in Benin and has a Yoruba heritage from Ijebu. He presently lives in Lagos.

SENIOR ANALYST - HOSPITALITY / HOTELS

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