On average, the Nollywood produces 1200+ movies per year, which is the highest of any movie industry in the world. This figure is not surprising, as a typical Nollywood movie is produced and shot within the space of two weeks. Also, the relatively low budget means actors are always engaged all-year round, as movie producers can easily pay them for a short-term work.
The high annual production rate has obviously improved Nollywood’s prominence at the global stage. However, the issue of video quality and predicatable (uncreative) storylines remain Nollywood’s weak points.
Fewer productions would obviously translate to better quality, as the budgetary allocation for each movie would be reviewed upward. However, the status quo is not changing any time soon. In fact, production is even on the rise, and in few years time, Nollywood might be producing as many as 2000 movies per year.