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Reactions as FG plans to support stars like Burnaboy and Wizkid with N300million loan

President Yemi Osinbajo says the Bank of Industry in collaboration with the National Council for Arts and Culture, has secured a N300 million loan for Nigeria’s creative sector. Mr Osinbajo cited Burnaboy and Wizkid for taking the entertainment industry by storm and winning the Grammy Awards, saying the environment is prepared for Nigeria to produce more creative talents across the industry’s value chain and also, disclosed this at the opening of Ogidi Studios, a Lagos-based world-class creative complex, hosting recording, film production, animation, and writing studios, owned by the Temple Company.

Photo Credit: Peoples Gazette

Checkout the screenshots of reactions:

The entertainment industry has gained enough support from the Buhari led administration. The VP Osinbajo is committed to do more.

Haha, because they need the loan. if this government wants to steal, they should stop using people name to do it.

@burnaboy @wizkidayo should beware of apc and Buhari's government. Remember buhari and and security forces killed innocent peaceful protesters at the Toll Gate.

...has also secured a N300 million loan package for the creative sector". For the lazy Nigerian youths who could not take their time to read, the money is for creative sector not Burna boy or Wizkid.

A confused government. They just want to relate with anything that trends. When I said in 2015, that these guys can't lead Nigeria, I knew very well what I was saying.

The entertainment industry will be fine if they create and enforce good policies. This is money is useless.

I can see how lazy Nigerians youth are, they can't open a simple link and read but rather rush to comment section to abuse the VP. Don't be lazy, open the link and read. You can be a beneficiary too.

They know that Nigerian youths are lazy and that’s why they post deceptive/misquoted/misleading headlines. Their defense will be that that’s not what is in the write up and it’s not their fault people didn’t read the write up.

Misplaced priorities, 300mili will be enough to establish one of the best music academy in Africa. Government should always channel their resources to places were necessary not sugar coating projects.

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Burnaboy Nigeria Osinbajo Temple Company Wizkid


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