Nollywood produces 416 movies in Q1, 2021-NBS

The National Bureau Statistics (NBS), says Nollywood produced 416 movies Quarter One (Q1, ) compared to 903 Q4, 2020.

NBS said this the “Nollywood Movies Production – Q2 2017 to Q1 ” published on its website on Friday in .

Although the agency did not give reason for the sharp fall, it stated decrease indicated a decline 53.93 per cent quarter on quarter.

It also said that the number movies produced in Q1 2020 stood at 407, indicating a growth 2.21 per cent year on year.

The NBS added that Lagos had the highest number of movies produced by location in Q1 149 closely followed by Onitsha 140 movies.

However, Benin and Bauchi recorded the least two movies each.

It added that was provided by the National Film and Video Censors (NFVCB) and verified and validated by the NBS. (NAN)