Ibrahim Chatta Reportedly Becomes Highest-Paid Nollywood Actor, Earning ₦5 Million Per Movie

Nollywood star Ibrahim Chatta has become the talk of the town following revelations about his impressive earnings, which reportedly place him at the top of the industry’s pay scale.

The disclosure came from veteran actor Mustapha Bakare Oloto, who opened up during a trending interview about the financial realities faced by older Nollywood actors and why many struggle to produce cinema-standard movies.

Oloto explained that while many veteran actors still earn between ₦250,000 and ₦300,000 per role, Chatta’s pay rate has soared to ₦5 million per appearance, making him one of the most sought-after and well-compensated figures in the 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,” Oloto said, noting that Chatta’s dedication and talent have significantly boosted his value.

“He can do up to 20 jobs in a month. You can’t compare him and other young actors to some of us veterans who appear in just one or two films in a month,” he added.

💭 Opinion: Ibrahim Chatta’s Success Reflects Nollywood’s Changing Value System

Ibrahim Chatta’s rise to the top of Nollywood’s earning chart is not just a personal victory — it’s a reflection of how the industry now rewards consistency, versatility, and brand power. For years, Chatta has proven himself as one of the few actors who can embody any role — from deep-rooted Yoruba cultural epics to modern cinema dramas — with unmatched authenticity.

While his reported ₦5 million fee might raise eyebrows, it also highlights an important shift in Nollywood: talent and marketability now dictate value more than seniority or years of experience. The industry has evolved into a business where star power, fan engagement, and professionalism translate directly into higher paychecks.

However, Oloto’s comments also shed light on a painful reality — many veteran actors, despite laying the foundation of Nollywood, are struggling to keep up with modern production costs and streaming-era standards. The gap between the new generation’s market leverage and the veterans’ traditional model continues to widen.

Still, Chatta’s success story should be seen as a beacon of hope, not a threat. It shows that growth is possible for anyone willing to evolve, invest in their craft, and adapt to changing times.

In a way, Ibrahim Chatta’s ₦5 million price tag is more than just a number — it’s a symbol of Nollywood’s maturity and the increasing global respect for Nigerian storytelling.