The Cinema Exhibitors Association of Nigeria (CEAN) reported on Monday that it earned N441 million from ticket sales across the country in March.
CEAN’s mission is to promote and protect the value of cinema exhibitions in Nigeria.
Mr. Opeyemi Ajayi, national chairman of CEAN, disclosed this while speaking with the News Agency of Nigeria (NAN) in Lagos.
According to Ajayi, the total number of people admitted to cinemas across the federation during the review period was 174,071.
”For March, we had total sales of N441,752,914 across all cinemas with 174,071 viewers admitted into cinemas.
”Sales in March were encouraging compared with February when we recorded total sales of N278 million due to activities of the Presidential and National Assembly elections, as well as the national problem of cash crunch.
” For April, we will be showing: Super Mario Bros, Domitila, Bloomboys, Honey Money, Renfield, and The Pope’s exorcist,” he said.
Recall that the association said it generated N6.94 billion as revenue in 2022.
Ajayi had earlier this year, said there had been an appreciable increase in revenue generation in 2022, compared with the previous years.
“The box office raked in N4.74 billion in 2021, N2.1 billion in 2020, N6.4 billion in 2019, and N5.98 billion in 2018.
“For 2022, the increase in average ticket price led to revenue growth and admissions remained flat in the previous year.
