Nollywood produced 375 movies in Q3 2021 — steep decline from Q2

The National Film and Video Censors Board (NFVCB) says it recorded 375 Nollywood movie productions in the third quarter (Q3) of 2021.

According to NAN, the data was listed in the Q3 report of the board’s department of film censorship and classification.

The report captured all films submitted to the board’s offices from across the country.

According to the report, the number of movies produced during the quarter represented a sharp decline when compared to the previous quarters.

The NFVCB says 635 movies were produced in the second quarter and 416 in the first quarter.

“The report is for onward submission to the relevant Federal Government authority for the compilation of the nation’s Gross Domestic Product (GDP) for the third quarter (GDP) Q3, 2021,” the NFVCB said.

According to the report, Lagos had the highest number of movies produced for the period with 159.

Abuja followed closely with 108 movies while Onitsha recorded 83 movie productions.

The analysis by location further showed that Kano had eight while Port Harcourt and Jos recorded six respectively.

Benin had five movies for the period under review.

Earlier, the NFVCB had described Nollywood as Nigeria’s “new oil” capable of attracting investors.

“The film industry can… create jobs, and boost the nation’s GDP if adequate attention is given to it,” the agency said.

“The industry is no longer for entertainment alone, but it offered great opportunities in creating a lot of jobs for the youths. We always see new faces every day in the industry.

“Assuming this industry is not waxing stronger, joblessness would have pervaded everywhere.”