Nollywood Makes $300 Million Per Year – Actor, Wale Ojo

Nollywood Makes $300 Million Per Year – Actor, Wale Ojo

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Popular UK based Nigerian-born actor, Wale Ojo, who came into the Nollywood few years back with Kunle Afolayan’s movie ‘Phone Swap’ has revealed how much the nigerian film industry makes every year.

The Nollywood actor, who is well known for his program on NTA Ibadan and Mnet’s TV series, The Adebanjos, and also recently featured in Kunle Afolayan’s yet to be released movie, THE CEO, has opened up his new project and the film industry at large.

“How can you say there was disparity because there wouldn’t be any cinema unless Nollywood started?

Nollywood started their work in the 1990s and they didn’t have any support from government and they only had one video camera and they said ok yes, and I think that was low but they were able to make an industry that makes about three hundred million dollars ($300,000,000) a year, so you know that is not easy.

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