Nigeria made 104m from film music industries in 2019 ― lai muhammed

A interesting fact!

According to Lai Mohammed, the Minister of Information and Culture in Nigeria, the country generated a whopping N104 million (approximately $280,000 USD) from the film and music industries in 2019.

This is a significant achievement, considering the challenges the entertainment industry faces in Nigeria, including piracy, poor infrastructure, and limited funding. The figure is also a testament to the growing popularity of Nigerian music and films globally, as well as the country's efforts to develop its creative industry.

It's worth noting that this figure is likely to be a small fraction of the total revenue generated by the entertainment industry in Nigeria, as it only accounts for the income from film and music sales, and does not include revenue from other sources such as concerts, festivals, and tourism.

Nonetheless, this achievement is a positive step towards recognizing the economic potential of Nigeria's creative industry, and it's hoped that it will inspire further investment and growth in the sector.