AfCFTA Implementation Proposed by NFVCB Stakeholders

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Recently at a round table meeting,  the National Film and Video Censor Board (NFVCB) and stakeholders of the Nigerian film industry, Nollywood have proposed the implementation of the African Continental Free Trade Area (AfCFTA).

Both bodies noted how much benefit it would be for the movie industry and Nigeria at large if the AFCFTA is implemented.

Speaking at the round table, the Executive Director of Film and Video Censor Board (NFVCB), Adedayo Thomas, said that the forum was organized to address perceived challenges, worries, and suggestions that would form the basis for the trade negotiations.

Thomas noted that the agreement aims to reduce tariffs among member countries.

“This process will require legislations and regulations to embrace the free flow of goods, capital and information across nations, create a competitive business environment to boost productivity and investment, and promote increased foreign competition and foreign direct investment,” said Thomas.

READ ALSO:  Experts seek swift implementation of AfCFTA

“The board as the regulator of film industry has been attending meetings with the Nigerian Office for Trade Negotiations (NOTN) to extract inputs for relevant stakeholders to guide the country’s participation in the implementation of these protocols at the continental level.

“I challenge you my colleagues to peruse fully the dangers faced by piracy and come up with measures to complement the efforts of the board to reduce it to the barest minimum with the AfCFTA offering another challenge.”

Contributing her quota, founder of Africa Movie Academic Awards (AMAA) and National President Association of Movie Producers (AMP), Peace Anyiam-Osigwe said: “Film regulators must protect the film industry before the total opening of the AfCFTA, dot all the lines and work out restrictions before the final opening of the agreement.

“The regulator must protect us the way the other African countries are protecting their actors because if they don’t, it will kill the film industry.”

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