News
Amid fuel subsidy removal and economic hardship, Nigerians spend N482m in one month to watch movies
Nigerians have spent no fewer than N482 million in one month to watch movies amid subsidy removal and economic hardship.
The Cinema Exhibitors Association of Nigeria (CEAN) National Chairman, Mr. Opeyemi Ajayi, made this known in an interview with the News Agency of Nigeria (NAN) in Lagos.
According to Ajayi, N482 million in revenue was generated in July 2023. He, however, said it is lower than the N567 million generated in June.
Ajayi said total viewer admission in cinemas across the federation within the month under review was 218,395.
The chairman told NAN that cinemas experienced a slight increase in patronage in July due to the numerous public holidays in the month.
He encouraged more Nigerians to consider visiting the cinemas during their leisure to unwind.
“We recorded a total sales of N482,528,117 for July with 218,395 viewers in the cinemas.
“The cinemas are not doing bad but we encourage more Nigerians to cultivate the habit of visiting the cinemas,” he said.
Ajayi said the movies to be exhibited in cinemas for the month of August are Akuddaya, Meg 2, Teenage Mutant Minja, A Bag of Trouble, Blue Beetle, Mikolo, The Modern Woman, Retribution and Kesari.
It was said that the amount generated in July is lower than the amount of N567 million generated in June.
Also, it was gathered that while in July, the total viewer admission in cinemas was 218,395, it was lower in June by 210,299.
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