Nigeria

Continent: Africa

Production in Nigeria Nigeria is home to Nollywood, the second-largest film industry in the world, producing over 2,000 films annually. The country offers a wide range of filming locations, from bustling cities like Lagos to beaches, forests, and rural villages. Lagos is the heart of Nigeria’s film industry, and the government has been investing heavily in building new production facilities like the Kebulania Film City. Pros and Cons of Producing in Nigeria Pros: * Diverse Locations: Nigeria has a wide variety of settings, from modern cityscapes to rural landscapes. * Growing Infrastructure: The development of Kebulania Film City is expected to boost the country’s film infrastructure, with new sound stages and production facilities . * Tax Incentives: Nigeria provides several tax breaks, including the Pioneer Status Incentive, which offers a three-year corporate tax exemption, extendable for another two years. Cons: * Bureaucratic Challenges: Securing permits and navigating regulations in Nigeria can be slow, leading to production delays . * Limited Large Studios: Despite recent investments, the country still has fewer large, modern studios compared to other major film hubs. Incentives in Nigeria Nigeria’s Pioneer Status Incentive provides tax holidays for up to five years for qualifying entertainment sector businesses. Additionally, the NollyFund, created by the government in partnership with the Bank of Industry (BOI), provides funding to support Nollywood filmmakers. Facts and Figures About Studios in Nigeria * Number of Sound Stages: Nigeria is set to expand its studio infrastructure with projects like Kebulania Film City in Lagos, which will feature sound stages, workshops, and a creative arts academy. * Special Features: The new Kebulania Film City will have fully equipped sound stages, post-production facilities, and backlots that meet international production standards.