Nollywood Makes An Estimate Of N1.72trillion in 2013

It has being Estimated that Nollywood Makes N1.72trillion in

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There is no doubt that Nigerian film industry popularly
called, Nollywood is growing to world’s standard by the day.
The industry has
improved so rapidly that regular contemporary home videos are being replaced
with box office and cinema flicks. Movie producers are now investing more
capital in making films that have raised the quality of films in Nigeria.
This improvement has not gone unnoticed as the industry has
made an average of N1.72 trillion in 2013.
In the last five years, the industry has been growing in
terms of quality. Little wonder it has been rated the third most valuable movie
industry in the world, behind Hollywood and Bollywood. The development has also
impacted on returns.
Just as it has ranked third globally in terms of quality of
production, it has grossed revenues that placed it on the same level.

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