Veteran actor Bimbo Manuel claims that Nigerian actors cannot afford luxury cars like Range Rovers from acting fees alone. Discussing financial struggles in Nollywood, he suggests that actors often rely on additional income sources. Manuel’s remarks highlight the limitations of Nigeria’s film industry pay structure......See Full Story>>.....See Full Story>>
Veteran Nigerian actor Bimbo Manuel recently highlighted the financial challenges within Nollywood, stating that Nigerian actors cannot afford luxury vehicles, such as a Range Rover, from acting fees alone. Speaking on TVC, the 66-year-old actor expressed concerns about the sustainability of income from acting, noting that many actors displaying high-end lifestyles are likely not financing them solely through their earnings in film. According to Manuel, the glamorous lives portrayed by some actors are often exaggerated, as Nollywood’s compensation structure generally falls short of supporting such affluence.
Manuel’s statement reflects the broader financial realities of Nigerian cinema, where many actors must seek additional income streams to sustain a comfortable lifestyle. He suggested that diversifying into brand endorsements, teaching, consulting, or social media work could help actors achieve financial stability. His remarks sparked discussions among industry professionals and fans alike, who commented on the challenges actors face and the need for Nollywood stars to explore supplementary careers.