Nollywood Veteran Jide Kosoko Faces Mounting Debt After Historical Epic Flops

Veteran Nollywood filmmaker Jide Kosoko has revealed he plunged into heavy debt after his historical feature, Eleko: Oba Esugbayi, failed to recoup production costs. The commercial setback spotlights the enduring financial risks and distribution bottlenecks confronting ambitious independent cinema in Nigeria. Kosoko's struggle underscores the urgent need for sustainable funding structures in Nollywood.