Broadcasting
iROKOtv, Uche Jombo, Join Hands at NEAs
iROKOtv, world’s largest online distributor of African entertainment, is in New York for the Nigerian Entertainment Awards 2012 with Uche Jombo, Nollywood superstar who is will be premiering her brand new movie, “My Life, My Damage”
Uche Jombo said that “I am very happy to be working with iROKOtv+ on the Nollywood film festival in New York as part of this year’s NEA’s. I’ll be showing my new movie, “My Life, My Damage”, and l am very much looking forward to seeing people’s reactions.”
iROKOtv, launched in 2012, streams Nollywood movies online, giving access to over 5,000 films on its platform www.irokotv.com.
In July this year, a subscription service was launched, iROKOtv+, where for only $5 a month, viewers can access brand new Nollywood movies in HD.
iROKOtv+ is sponsoring the Awards’ Film Festival, which will showcase a selection of Nollywood’s newest movies on September 1, at Symphony Space, Sharp Theatre from noon
Jason Njoku, founder and CEO of iROKOtv said: “The awesome talent coming out of Nigeria at the moment is seriously exciting and the list of nominees for the 2012 Nigerian Entertainment Awards (NEA’s) is a testament to that. The NEA’s recognise the hard work, talent and prolific output made by recording and film artists from Nigeria and this is why iROKOtv+ is sponsoring the awards this year.”
Nollywood, the world’s second largest film industry in terms of output, produces more than 2,000 films each year [roughly 40 per week].
The movie industry is one of Nigeria’s most popular and lucrative exports, generating over $590m per year for the country and employs over 200,000 people, with the cost of production averaging $40,000 per movie.
Celebrating the outstanding creative output from Nigerian movie, music and comedy stars, this year is set to be the biggest yet for the NEA’s, with music, fashion, movies on show, all leading to the prestigious awards ceremony on Sunday 2 September 2012 at the Skirball Centre for Performing Arts.
Nollywood superstars such as iROKOtv Ambassador, Funke Akindele, and Van Vicker will be amongst the many artists who are bringing Nigerian entertainment to the African Diaspora.
Broadcasting
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Broadcasting
BON Establishes Six Ad Hoc Committees to Modernize Broadcasting

Broadcasting Organization of Nigeria (BON) has established six committees to help strengthen and modernize the country’s broadcasting industry.

The committees will focus on content creation, skills development, digital transformation, sustainability, policy and commercial opportunities
The initiative aims to support industry growth and improve collaboration between broadcasters, regulators and media experts
The official launch recently, was led by Tony Akiotu, president, BON and attended by media professionals, program directors, former journalists and heads of specialized media organizations.
The event brought together several prominent figures in Nigeria’s media industry, including veteran broadcaster and trainer Bimbo Oloyede, Tony Uyah of M4S TV, Kingsley Uranta of Channels Television, Ismael Sani of Platinum TV and Ibrahim Shehu of Trust TV.
Together, they are expected to help drive innovation and support the growth of Nigeria’s broadcasting sector.
According to Akiotu, the committees are intended both to help shape industry policy and to provide a forum for dialogue between BON and broadcasting experts.
Akiotu said the ad hoc committees were intended to strengthen BON’s work and ensure that the umbrella body for Nigeria’s broadcasters played a more direct and meaningful role in developing the country’s broadcasting sector.
The six committees reflect the sector’s main priorities. The first focuses on collaboration and innovation to promote content creation.
The second is dedicated to training and talent development, while the third focuses on industry sustainability by improving the sector’s long-term financial viability.
A fourth committee will focus on digital transformation and work with the National Broadcasting Commission (NBC) on regulatory issues.
The remaining two committees will oversee public policy advocacy and the development of sports and commercial rights to help broadcasters increase revenue and attract more investment. Together, the committees are expected to guide BON’s efforts to modernize and strengthen Nigeria’s broadcasting industry.
The committees, chaired by members of BON’s General Assembly and supported by the organization’s Secretariat, have an initial 12-month mandate that may be renewed if necessary.
They are required to submit a progress report within three months and implement approved recommendations within the following six months.
The arrangement is intended to ensure close oversight and the timely implementation of their work.
Akiotu also reminded committee members that Nigeria pioneered television broadcasting in Africa and urged them to carry out their work with greater effectiveness and efficiency.
Broadcasting
NELFUND Investigates 34 Universities Over Students’ Missing Tuition Refunds

Nigerian Education Loan Fund (NELFUND) says it is investigating about 34 tertiary institutions over allegations that they failed to refund students whose tuition fees were paid twice under the Federal Government’s student loan scheme.

The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this during an interview on Arise Television.
Sawyerr said the agency had deployed a five-member investigative team, including operatives of the Economic and Financial Crimes Commission (EFCC) and internal auditors, to examine the allegations.
According to him, the investigation was prompted by numerous complaints received from affected students.
“As of right now, there are 34 institutions that we are looking at closely with respect to this issue,” he said.
Sawyerr explained that the double payment issue arose because President Bola Tinubu directed that the student loan scheme commence in the middle of an academic session instead of at the beginning.
He said the decision compelled many students to pay their tuition fees to meet registration deadlines while awaiting approval of their loan applications.
“What happened is that a lot of schools got double payment; some from the students and some from us,” he said.
“The refund process is entirely out of our hands. It is the recipient of the double payments that is obliged to make refunds to the students.”
The NELFUND boss noted that many students had borrowed money from family members, friends and other sources to pay their tuition with the expectation of receiving refunds once the loans were disbursed.
He said while some institutions had promptly refunded affected students, others had failed to do so.
“Some have been very good at this. Others haven’t been so good at it,” Sawyerr said.
“I reserve judgement on the intentionality around it because, for some of them, they just didn’t have the process to make refunds.”
Sawyerr disclosed that NELFUND was exploring a tokenised payment system that would enable students to authorise tuition payments directly to their institutions, thereby reducing the likelihood of duplicate payments.
He said the agency deliberately chose not to disburse tuition loans directly to students to minimise the risk of fund diversion.
“Paying the funds to the students could really lead to the temptation for them to divert and do other things,” he said.
The managing director, however, acknowledged that NELFUND lacked the statutory powers to compel institutions to refund students or prosecute officials found culpable.
He added that many frustrated students had submitted complaints not only to NELFUND but also to anti-corruption agencies, including the EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Sawyerr also expressed concern over increases in tuition fees by some institutions following the introduction of the student loan scheme.
He said NELFUND had declined to pay institutions that increased their tuition fees beyond acceptable levels.
“Some schools, because they get paid easily, started to put up their fees. We refused, point blank, to pay institutions who had hiked their fees beyond a certain level,” he said.
He reaffirmed the agency’s commitment to investigating every reported irregularity and strengthening the implementation of the student loan programme through continuous monitoring and internal reviews.
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