Veteran actor Mustapha Bakare reveals Ibrahim Chatta now earns ₦5 million per movie, making him the highest-paid actor in Nollywood

Ibrahim Chatta has become the highest-paid actor in Nollywood, according to veteran actor Mustapha Bakare Otolo, who revealed that the versatile performer now commands ₦5 million per movie role.

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In a trending online interview, Otolo discussed the widening pay gap between older and younger actors, citing Chatta as an example of how market value and visibility have shifted in Nigeria’s film industry.

“If Ibrahim Chatta appears on a movie set, he has been paid ₦5 million. That’s the amount he currently charges. He is the highest-paid actor presently,” Otolo disclosed.

He added that while Chatta can feature in multiple projects each month, many veteran actors still earn between ₦250,000 and ₦300,000 and often struggle to fund cinema productions.

“You can’t compare him and other young actors to some of us that are being paid between ₦250,000–₦300,000 and appear in just one or two films in a month.

That’s why it’s difficult for some of us the veterans to produce cinema movies,” he explained.

Otolo also revealed that Chatta recently starred in his new movie, Jigi, filmed in Ogbomoso, further confirming the actor’s growing demand and influence.

The revelation has since sparked conversations across social media, with fans and industry insiders hailing Chatta’s hard work, versatility, and consistency as reasons behind his soaring success.

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With over two decades in the industry, Ibrahim Chatta’s rise from Yoruba film star to one of Nollywood’s most sought-after actors underscores the evolving economics of Nigeria’s booming entertainment scene.