Nigeria accounts for majority of Korean movie imports, says Korean envoy

The Director of the Korean Cultural Centre Nigeria, Mr Kwon Yong Ik, has disclosed that Nigerian market accounts for majority of Korean movie exports, saying Korean Movie industry has an estimated net worth of over 100 billion dollars.

Speaking at the occasion of the fifth Korea Film Festival in Nigeria at the Genesis Deluxe Cinema, Lekki, Lagos, Yong Ik stated that the establishment of the Korean Cultural Centre in 2010 in Abuja, was informed by cooperation and cultural exchange between the two nations.

“Nigeria is one of the major importers of Korean movies and the Korean Movie industry has an estimated net worth of over 100 billion dollars. This year, we have selected the biggest hit movies in Korea for this Festival to meet the expectations of Nigerian audience” Yong Ik said