Nigerian Movies Collectively Gross Over N1 Billion In 2016

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2016 was a great year for the Nollywood industry as most of the top grade Nigerian Movies produced, did pretty well in the box office.

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From AY Makun‘s “A Trip to Jamaica” to Omoni Oboli‘s “Wives on Strike” and “The Wedding Party”, “93 Days”, “76” and many more, it is clear that proceeds from Nigerian movies has what it takes to gradually take the country out of recession.

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From ticketing alone, 50-locally produced Nigerian movies generated about N1 billion so far. The figure represents about 30 percent of the total N3.5 billion generated from 28 cinemas across the country.

The Wedding Party, Nigeria’s latest blockbuster movie, broke the box-office records at every milestone since its release on December 16th 2016.

In just two weeks it beat the record of N178 million, held by ‘A Trip to Jamaica’, emerging with a staggering N200 million before the New Year weekend was over.

Both films led the rest of the pack which includes ‘Arbitration,’ ‘Wives on Strike’, ‘The CEO’, ‘93 Days’ and ‘76’.

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The Wedding Party debuted with the biggest opening weekend in Nollywood history with N36 million; the best-ever opening week with N66 million; the biggest week ever with N110 million; and a Christmas box-office total of N146 million.

The Wedding Party showed more than 5 times every day at major cinemas across the country. Produced by ELFIKE Films, the movie stars Banky W, Adesua Etomi, Richard Mofe-Damijo, Ireti Doyle, Sola Sobowale, Ali Baba, Zainab Balogun, AY, and more.

According to the Executive Producer, Mo Abudu, the Nigerian consumers will support ‘made in Nigeria’ products, if the quality is comparable to international standards, therefore is bent on creating more films that would make Nigeria and Nigerians proud.

We hope to see more of those films in 2017.

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