• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Sunday, October 11
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      FG directs MDAs to remit revenues due to govt promptly

      Business October 11, 2026
      Recent

      FG directs MDAs to remit revenues due to govt promptly

      October 11, 2026

      How to enjoy your spouse (1), by Bosede Ola-Samuel

      October 11, 2026

      2027: Tinubu, Obi, Atiku, Others In As INEC Releases Final Lists of Candidates

      October 11, 2026
    1. News
      1. Photo News
      Featured

      Adedibu Biopic Sparks Legal Dispute As Oloketuyi Rejects Family’s Demands

      Lifestyle & Entertainment October 11, 2026
      Recent

      Adedibu Biopic Sparks Legal Dispute As Oloketuyi Rejects Family’s Demands

      October 11, 2026

      Move From Good Relations to Good Business Relations: Amb. Abikoye Charges Ghana, Nigeria

      October 11, 2026

      NAFDAC raises alarm over banned pesticides flooding market

      October 11, 2026
    2. Politics
        Featured

        Obi may lose all Anambra wards – NDC chairman reveals

        Politics October 11, 2026
        Recent

        Obi may lose all Anambra wards – NDC chairman reveals

        October 11, 2026

        2027: Tinubu, Obi, Atiku, Others In As INEC Releases Final Lists of Candidates

        October 11, 2026

        It’s Fake News, Magistrate Court Did Not Order Araraume’s Arrest – Imo First Group

        October 11, 2026
      1. Business
          Featured

          FG directs MDAs to remit revenues due to govt promptly

          Business October 11, 2026
          Recent

          FG directs MDAs to remit revenues due to govt promptly

          October 11, 2026

          World Bank Urges States to Prioritise Better Jobs, Human Capital, Services Amid 93% Revenue Rise

          October 9, 2026

          EHA Impact Ventures Helps Moppet Foods Launch Operational Biodigester, Cutting Emissions Across Its Lagos Factory

          October 7, 2026
        1. Crime & Security
            Featured

            High cholesterol raises risk of heart attack, stroke — Experts

            Crime & Security October 11, 2026
            Recent

            High cholesterol raises risk of heart attack, stroke — Experts

            October 11, 2026

            Cybersecurity graduate abandons four foreign university offers over funding

            October 11, 2026

            20 federal universities risk lawsuit over health workers’ allowance

            October 11, 2026
          1. Sports
              Featured

              UCL: Flick Identifies Osimhen as major threat ahead  Galatasaray vs Barcelona

              Sports October 11, 2026
              Recent

              UCL: Flick Identifies Osimhen as major threat ahead  Galatasaray vs Barcelona

              October 11, 2026

              Moffi delighted to help Hamburg beat Hoffenheim 

              October 11, 2026

              2028 Olympics Qualifiers: Eguavoen applauds Super Falcons’ victory over Comoros

              October 10, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » Tinubu, ‘A Tribe Called Judah’ and the power of creative economy
            Opinion

            Tinubu, ‘A Tribe Called Judah’ and the power of creative economy

            Prompt NewsBy Prompt NewsJanuary 15, 2024Updated:January 15, 2024No Comments6 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            Share
            Facebook Twitter LinkedIn Pinterest Email

            By Temitope Ajayi

            While extolling Funke Akindele, the Nollywood filmmaker for her recent box office accomplishment, President Bola Tinubu lauded the growing contribution of the Nigerian creative industry to the economic growth of the country. He acknowledged its pivotal place as, not just a medium for artistic expression but also a source of enormous soft power and viable cultural export.

            In his effusive praise of the industry; creative ingenuity, and enterprising spirit of young Nigerians, President Tinubu said that, “the creative industry is one of the high-employment sectors, providing jobs for our able and talented youths. It is an industry that is crucial to my administration. I salute Nigerians for their enduring support and patronage of home-grown creative efforts. We will provide the conducive environment for the industry to thrive further.”

            On the heels of that generous presidential endorsement, it is worthy to say that, regardless of what anyone says, Funke Akindele has cracked the code for successful Box Office run in Nigeria. Her films, till date, have remained the highest grossing in cinema runs in Nigeria’s film industry.

            Her recent flick, ‘A Tribe Called Judah’, grossed over a billion naira in revenue, a landmark of no mean feat. The interesting twist to this number is the fact that within a month, Akindele’s film grossed the unprecedented amount in a country with 91 cinemas and 303 screens.

            For clearer understanding, available data shows that as at 2022, China has 65,000 cinema screens followed by United States (35,280), India (11,962) and UK (3,402). It is very easy to see the link between the number of screens and the material prosperity of Americans in hollywood and Indians in bollywood.

            By comparison, English-speaking West African countries, including Nigeria, as at December 31, 2023, have 95 cinemas with 321 screens. Out of this number, Ghana has 4 cinemas with 18 screens.

            For a country of Nigeria’s size and population, the third largest film producer in the world after United States and India, the paltry 303 screens reveal a huge opportunity for private sector investment, which the newly-created Ministry of Arts, Culture and Creative Economy is poised to drive.

            Akindele’s ‘A Tribe Called Judah’, was watched by film lovers in 71 cinemas across Nigeria during the holiday season. Despite these limited screens, the title still raked in N1.3 billion as at January 10, according to promoters.

            It was not only Akindele’s ATCJ that recorded massive box office hit. During the same period, Toyin Abraham’s film, ‘Malaika’ grossed over N250million, while ‘Ada Omo Daddy’ by Mercy Aigbe made over N140 million.

            In series of well-deserved commendations for her extraordinary achievements, some of Funke Akindele’s colleagues in the movie industry showered encomiums on her for blazing the trail in box office revenue. United Kingdom-based Nigerian filmmaker, Obi Emelonye praised Funke and her team:

            “First of all, let me congratulate Funke Akindele and her team, including my brother and friend JideKene Achufusi. What they have achieved with ‘A Tribe Called Judah’ is unprecedented in our history. I don’t want to get bogged down in the crass argument whether the N1 billon plus figure is inflated, padded or not. The important thing is that the film has galvanized Nigerian cinema audiences.

            “And if we are arguing about the billion marks, which is double what the previous record is, then we are talking uncharted territory here. For that Funke and her team deserve respect and praise. Whichever way you look at it; it is great win for the industry that no one believed can make cinema work when we pioneered it 13 years ago. If Funke can do N1 billion with the number of cinemas in Nigeria today, just imagine the possibilities for our industry.”

            Kunle Afolayan, award-winning Director and actor whose films are also known for their artistic and commercial success, attributed the runaway success of ‘A Tribe Called Judah’ to hard work.

            “I congratulated her and the team when the film was released and encouraged people to watch it. She and her team really worked very hard with the promotion of the film,” Afolayan said.

            Describing the recent commercial success of Nigerian films at the cinema as the ‘golden era’, Deputy Managing Director of Filmhouse Group, Moses Babatope noted in a statement, “We are witnessing a golden era for Nigerian cinema, and Funke Akindele’s ‘A Tribe Called Judah’ reaching the 1 billion Naira mark is an indication that the creative industry despite the stiff competition from international streaming platforms, our local content continues to thrive, engaging audiences on a grand scale.”

            If nothing else, the revenue from the three movies that exhibited, during the yuletide, hints of huge potential for the industry. We can imagine what the industry can make with having, in Nigeria, just 1000 screens, not to talk of 3000 screens. The possibilities are truly huge for filmmakers and other players in the industry. This is apart from the multiplier effect on the economy.

            With the right infrastructure; more collaboration among government; private sector players and the motion picture practitioners, Nigeria can actually produce billionaire and multimillionaire film makers and allied professionals like their counterparts in hollywood. Funke Akindele and some of her colleagues have shown us that this is possible.

            President Bola Tinubu understands the immense economic potentials of creative industry as an enabler of wealth creation and growth driver. The current administration’s intense focus on the sector will significantly galvanize it as a major contributor to the nation’s Gross Domestic Product (GDP). The decision of President Tinubu to establish a full Ministry to superintend over the creative industry was not by happenstance. It was borne out of deliberate planning and critical evaluation of the socio-economic importance of the sector to national development. READ ALSO:

            • Adedibu Biopic Sparks Legal Dispute As Oloketuyi Rejects Family’s Demands
            • UCL: Flick Identifies Osimhen as major threat ahead  Galatasaray vs Barcelona
            • FG directs MDAs to remit revenues due to govt promptly
            • How to enjoy your spouse (1), by Bosede Ola-Samuel
            • Tiwa Savage Responds As Victor AD Apologises Over Unreleased Collaboration

            The good news is that the Minister in charge of the sector, Hannatu Musawa, has the full support of President Tinubu to expand the capacity of the industry as one of the main enablers of economic growth. The Minister is passionate too about activating sustainable and enduring growth in the creative industry. At a recent industry stakeholders’ meeting with Vice President Kashim Shettima, where the Vice President revealed that the creative industry will benefit hugely from the $650million Investment in Digital and Creative Enterprises (I-DiCe) programme his office is supervising, an elated Musawa reinforced the Federal Government’s commitment to strengthen the sector and enable the professionals to achieve more.

            “We want to create the conducive environment for you to operate in the way you need to,” Musawa declared.

            From all indications, the hard work of our creative professionals, backed by a conducive environment and sound policies provided by the present administration will unleash glad tidings for the sector this year and beyond.

            -Ajayi is Senior Special Assistant to the President on Media and Publicity

            A Tribe Called Juddah creative industry funke akindele Nollywood
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleOhanaeze Youths Commend Tinubu, Rally Support For Betta Edu
            Next Article CBN Shakes Up Banking Sector: A Paradigm Shift Unveiled
            Prompt News

              Related Posts

              FG directs MDAs to remit revenues due to govt promptly

              October 11, 2026

              How to enjoy your spouse (1), by Bosede Ola-Samuel

              October 11, 2026

              2027: Tinubu, Obi, Atiku, Others In As INEC Releases Final Lists of Candidates

              October 11, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Adedibu Biopic Sparks Legal Dispute As Oloketuyi Rejects Family’s Demands
              • UCL: Flick Identifies Osimhen as major threat ahead  Galatasaray vs Barcelona
              • FG directs MDAs to remit revenues due to govt promptly
              • How to enjoy your spouse (1), by Bosede Ola-Samuel
              • Tiwa Savage Responds As Victor AD Apologises Over Unreleased Collaboration

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.