5 Interesting Facts about Nollywood

Here are some interesting facts about Nigeria’s movie industry, popularly called Nollywood.

1 million
Nollywood employs over 1 million people including actors, producers, directors, cameramen, publicists and so on.

Currently worth $5.1 billion
The Nigerian film industry is worth $5.1 billion as at 2014

$600 million
Nollywood generates $600 million dollars for the Nigerian economy annually.

Second Largest
Nollywood is the second largest employer after Agriculture

50 movies per week
After India’s Bollywood, Nollywood is the world’s second largest movie producer. In fact, Nollywood produces about 50 movies per week.