Jide Kosoko Loses ₦300 Million on Film "Leko Esu Gbayi

Veteran Nollywood actor Jide Kosoko disclosed in an interview on October 17, 2026, that he faced significant financial challenges after his film "Leko Esu Gbayi" failed to turn a profit at the box office. The production and release of the film cost over ₦300 million, primarily funded by investors who anticipated returns.

Kosoko lamented that the film did not generate enough revenue to cover its costs, resulting in financial losses for both him and his backers. He humorously mentioned that although they did not earn their money back, the little revenue generated was shared.

Kosoko clarified that the crew and production workers had already been paid for their services. He also acknowledged the substantial investments made by cinema operators in the distribution chain, highlighting the challenging business realities of the film industry.