Ibrahim Chatta Reveals Spending Over 1.4 Billion Naira on Film Village Without Loans or Grants

 In a groundbreaking revelation that underscores his commitment to the Nigerian film industry, acclaimed actor and filmmaker Ibrahim Chatta has disclosed that he has invested over 1.4 billion naira into the development of his film village. Remarkably, Chatta achieved this feat without resorting to loans or grants, relying solely on his personal resources.

Speaking at a press conference held at the film village's newly inaugurated facilities, Chatta expressed his pride and satisfaction with the project, which he envisions as a cornerstone for the growth of Nollywood. “This project has been a labor of love and dedication. Investing over 1.4 billion naira is not just a financial commitment but a testament to my belief in the future of our industry,” Chatta stated.

The film village, which spans several acres, is designed to serve as a state-of-the-art production hub equipped with cutting-edge technology, versatile sets, and comprehensive post-production facilities. It aims to provide a professional environment for filmmakers and actors, enhancing the quality and global competitiveness of Nigerian cinema.

Chatta’s decision to fund the project independently highlights his entrepreneurial spirit and deep investment in the local film industry’s advancement. “I wanted to demonstrate that with vision and determination, it is possible to achieve great things without external financial aid,” he added.

Industry experts have lauded Chatta’s initiative, noting its potential to significantly impact Nollywood by providing a much-needed infrastructure boost and fostering local talent. The film village is expected to attract both national and international productions, contributing to the industry’s economic growth and global recognition.

As the film village opens its doors, Chatta remains optimistic about the future and encourages other stakeholders to invest in similar ventures. “Together, we can build an industry that stands tall on the global stage,” he concluded.

The opening of Ibrahim Chatta’s film village marks a significant milestone for Nollywood, symbolizing a new era of self-reliance and innovation in Nigerian cinema.