In loving memory of Tayo Aderinokun.the MD/CE of the Guaranty Trust Bank Plc who passed on to eternal glory on Tuesday June 14, 2011, in a Hospital in London, U.K. The Economics of Nigerian Film, Art and Business ~ by Tayo Aderinokun The world has continued to marvel at how Nigerians "manufacture" and "fabricate" scores of movies in a week. It is reported that but for India, Nigeria produces more movies in quantitative terms than any other country in the world. As joint stakeholders in the development of our motherland, I hope that my presentation today on the "social economics" of the movie industry will provoke processes that could move the industry forward. In the course of this presentation, I will be inviting you to join me as we journey through the past, the present and the future of the Nigerian film industry. There is a saying that today is tomorrow’s yesterday, in other words, where we are today is a reflection of our past and a foreshadow of our...