Film Icons Still Receiving Stipends, Health Cover Under Circuits’ Dignity Fund

Africa’s foremost virtual cinema platform, Film Icons Still Receiving Stipends, Health Cover Under Circuits’ Dignity FundCircuits, has continued to honour Nollywood pioneers through its Film Veterans’ Dignity Fund, an initiative that has moved beyond ceremonial launches to consistent delivery.

According to Imade Bibowei-Osuobeni, Chief Operating Officer of Circuits, the scheme has faithfully kept its promise since inception providing a lifetime significant monthly stipend and comprehensive health insurance through Nem Health Insurance for industry legends aged 70 and above.

“Veterans such as Chief Pete Edochie, Idowu Philips (Iya Rainbow), and Chief Lere Paimo the first honourees have been receiving their stipends without interruption,” Bibowei-Osuobeni explained. “It is a gesture that many say has restored dignity to Nollywood’s senior figures.”

She stressed that the project was never designed as a one-off but as a sustained intervention. “This fund was conceived to ensure continuity. It is not charity, it is respect. We are giving back to the men and women who built its foundation.”

The initiative has earned widespread applause from Nollywood stakeholders. Actress Kate Henshaw, who has often spoken about veterans’ welfare, described Circuits’ consistency as “a refreshing departure from empty promises.”

She noted that the move demonstrates how corporate actors in the creative space can play a vital role in preserving Nollywood’s legacy.

Bibowei-Osuobeni added: “Many of our veterans worry about healthcare costs, and this is where the Dignity Fund brings real relief. It’s about peace of mind, not just financial gains.”

As Nollywood continues to expand its global reach, the Film Veterans’ Dignity Fund stands as a reminder that the future must always be built on respect for the past. Through this initiative, Circuits is setting a standard that other industries may well need to follow.