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Shooting ‘Gbege’ drained me financially – Filmmaker
Ace filmmaker, Lancelot Imasuen, has said shooting his latest movie, ‘Gbege’ drained him financially and made him to be hospitalised for three days.
He also said although he was not satisfied with the final work, he was still excited at the outcome and the a the move had got so far.
The movie features Mercy Aigbe, Ini Edo, Charles Inojie, Broda Shaggi and Zubby Michael, among others, and it premiered on Wednesday, September 28, 2022, at the Blue Pictures Cinemas, Onikan, Lagos.
In an interview with Sunday Scoop, Imasuen said, “I have been very scared about this project. I am grateful to God that this project is getting this kind of reaction. I have never seen this kind of excitement from a movie premiere as a filmmaker; to God be the glory.”
On the challenges he faced while shooting the movie, the filmmaker said, “I spent a lot of money making ‘Gbege’. It drained me. When I was filming, I fell ill and I was hospitalised; I spent three nights in the hospital. It was stressful and it took quite a bit of time. We finished shooting two years ago and post production took this long; I am still not satisfied but let’s just allow it to go, hoping to do better next time. I am happy about the reaction it has got so far.”
In attendance at the movie showcase were Charles Inojie, Chinedu Ikedieze, Nosa Rex, Zeb Ejiro and Tade Ogidan. The movie was officially released to the cinemas on October 7, 2022.
Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.
The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.
The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.
The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.
The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.
The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.
The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.
The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.
The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.
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