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Akerele Targets N500m Endowment Fund for Nigerian Authors


The Chairman, Association of Nigerian Authors (ANA), Abuja Chapter, Mr. Taiwo Akerele, has noted that he aimed at N100 milliion as members endowment fund and insurance scheme even as he targets an ambitious N500 million fund to encourage writers to be committed to writing, distribution and research for their works.
Akerele made this submission at ANA’s brainstorming month-end discussion in Abuja, adjudged as mouth-watering even for authors resident in FCT. the Chairman while unveiling the N100 million support fund for members, group life insurance and assets valuation scheme, stressed that intellectual capital can be quantified into monetary gains for writers and creative people in the pen profession.
He said starting from 2022, writers in Abuja will now have opportunity to draw from the pool of funds for publications, marketing, production and packaging of their books for greater profitability.
Meanwhile, an insurance firm which was also invited to unveil a group life insurance for the chapter members, an initiative that has been described as innovative, said it is the best thing that can happen to any member in any organization.
Also, the monthly meeting was characterised by poetry recitation, book reading, drama and dance. The occasion was used to remember out -of -school children in the North-east.

In addition, the occasion offered the momentum to celebrate the 87th birthday of Prof. Wole Soyinka and other literary activities.

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