As an entrepreneur, 32-year-old chemistry
graduate Jason Njoku achieved success in a most unlikely way: he is Africa’s
largest distributor of Nigerian movies, and has raked in over $8 million since
2010, when he founded the company Iroko Partners. In December 2012 he
captivated an audience at a conference in Texas, United States, as he narrated
the story of his success after failures in some other business ventures. Mr.
Njoku currently has 71 employees in Lagos, London and New York, and often
boasts that “these people are working for us in a country with 50%
unemployment.” He was recently listed by Forbes, an American business
magazine, as one of the top 10 young African millionaires to watch.
The Nigerian film industry is undoubtedly
helping create jobs in a country with an economy that relies mainly on oil and
agriculture. Over a million people are currently employed in the industry,
making it the country’s largest employer after agriculture. Although Nigeria’s
economy will grow by 7% this year, according to the African Development Bank,
insufficient jobs for a growing youth population continue to be a huge concern.


