These films were acclaimed for their artistic merit, social relevance, and technical innovation. They also paved the way for the emergence of Nollywood as a global phenomenon.

In 1972, the Indigenization Decree was issued, which helped transfer ownership of film theaters to Nigerians. Additionally, the oil boom of 1973 to 1978 further boosted the cinema culture, resulting in the construction of cinema complexes, including the National Arts Theatre in Lagos.