The Managing Director of FilmOne Distribution Company, one of the Executive Producers of the movie, Kene Mkparu, on Wednesday said the N300m is excluding publicity.
The WP2 released on December 15, 2017, has raked in over N500m within the six weeks of its release in cinemas, making it the highest-grossing Nollywood film ever.
The filmmaker is one of the resource persons at the on-going Consumer Forum of the National Film and Video Censors Board at the Yankari Game Reserve in Bauchi State.
“Wedding Party 1, cost us over N150m to make plus publicity and the Part 2 cost us N300m.
“We believe you have to spend money to make money, and if you can show from your business plan how you would recoup this money, the banks are willing to give you.”
Mkparu further explained that partnership with relevant stakeholders, especially in tourism, in Dubai added colour to the glitz and glamour of the WP2.