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Where Are All The Monies In Nollywood, Where did they bury it? - Celebrities - Nairaland

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Where Are All The Monies In Nollywood, Where did they bury it? by Karemarealty288(m): 6:17am On Nov 09, 2023
About 5years ago, it was speculated Mr Ibu was paid about 80million by GOtv for ambassadorship. And also GLO, about 20-30million. Same with Chiwetalu Agu and some other aging Nollywood stars. Amaechi Muonago had series of advert he got paid for and other contracts, not adding up the pay as an actor.

The question I have asked myself a thousand times is where are all the monies? The deal, the contract etc! Where did they bury it. I am ash&med on behalf of these actors each time they are sick and they appear online for help. Like, what in the blue-hell happened to all they have earned all through the years? Even people who don't get paid half of what they are paid take care of their health when it is wor$e.

And I ask, did they use the money to train their kids? Fine, their kids should be taking care of them. Or was it house rent? Like, they had no investment with all the millions they are paid? Today, Natty Bruce, the Karat Nollywood karate king di£d too. Report came he d!ed from the said hardship that has ravaged the Nollywood legends: sickness.

We have had Clem Ohameze came online to beg for help while sick. Ernest Asuzu suffered liver disease and d!ed even after been helped online. James, Obi Madubugwu and the list so long have all come online for help and many of them couldn't still make it. The question is, are these men not being paid enough to save and invest against those terrible times? Even the ones paid in millions.

What happened to the money? Please don't get me wrong. I am not judging these men, not even a spite. I am making a statement for our youths who have future. You have to start saving and investing no matter the amount of money you make now. You have to be deliberate about this. I don't know who is reading this but please, in the name of God you serve, start saving and diversifying your income, the grass does not remain greener always. There are times it withers.

Serge Gnabry, the former Arsenal player told a story of when he broke into Arsenal first team and they paid him a few thousand pounds and he began spending money on wears and bags and one day, his mother called him to order and told him, "save and invest, son. This period may never last forever." Like joke, a few months, he got injured and fell out of favor. Arsenal had to send him to West Brom to see if he could recover.

He dropped drastically until he left England to Germany. And guess what? That period, he wasn't on a payroll. He was br0ke. His parents lent him money. After his career revived in Germany, the first he began doing was cut expenses and invested. He learnt the hard way. I don't have to exhaust my head here. But, let he that hath ears, hear.

This is social analysis.

Credit : Ekeson Egwuonwu

Re: Where Are All The Monies In Nollywood, Where did they bury it? by Nwodosis(m): 6:20am On Nov 09, 2023
Re: Where Are All The Monies In Nollywood, Where did they bury it? by Oloki: 7:31am On Nov 09, 2023
Their agent's take most of the money. I happen to know a popular Nollywood guy who acts on English part.
If you hear the rediculous money they were paid. Some will collect 20k and the advert might run for 3 months with it coming up three times in a day or even more on TV.
His friend advertise for one popular foam company and the advert keep pupping up on the tv. He call the guy that o boy na you full everywhere o and the guy was like, don't mind them. I was only paid 20k.

They might have given the agent 150k or above but they give them peanut

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