The Kwara State University (KWASU), Malete will spend N2.7billion on the proposed film village. 

The Malete Film Village is expected to have production level of 100 films in a year and 50 films in the first year, Vice-Chancellor of University, Prof AbdulRasheed Na'Allah, has said.

The Kwara State Governor AbdulFatah Ahmed, inaugurated the board members of the film village in Ilorin, the state capital.

They include Na'Allah (Chairman), Chairman Film Village Investment Mobilisation Committee, Col. Tunde Ishola (rtd); Senior Special Adviser to the state government on SMEs, Alhaji Lukman Adam; KWASU Provost College of Humanities, Management and Social Sciences, Prof Abiola Irele; film actor and producer, Alhaji Adebayo Salami; film producer, Mr Tunde Kelani and Director, Nigerian Film Corporation, Mrs Sandra Obiago. 

Na'Allah added that the project would break even either in the first year or at the end of its third year, "thus attesting to its viability." 

Governor Ahmed, who was represented by his Deputy, Peter Kishra, said the film village would "not only involve training students to acquire highest level of skills and expertise required in the business of filmmaking; it will also generate a chain of professionals - film directors, scriptwriters, broadcasters, film journalists and critics, cameramen, music recording artists, and television personnel - which will improve the quality of the growing film sector.

"With this the university places itself in good stead for making her mark in one of the largest industries in Nigeria - the entertainment industry. Tangible benefits of the project include boosting the local economy and placing Kwara on the creative industry map globally. 

"It will provide an international standard film production infrastructure for international film production and collaboration, attract tourists to the state and also create an enabling environment for private sector participation through the private-public partnership platform. 

"To this end, this project should be seen as a strategy to strengthen innovative approaches to partnership building, resource mobilisation, youth empowerment and development."