The world's third largest film industry resides in Nigeria, churning out approximately forty to fifty low budget movies per week.

Nollywood, as it's known, has become the country's second largest employer in its twenty-year existence.

It has also led to rampant piracy, with nearly half of all film profits stolen. Do the pros of Nollywood outweigh the cons?

In this episode of The Stream, we speak to Aimee Corrigan, filmmaker and Nollywood Workshops Co-Founder; Actress and Producer Stephanie Okereke, and Filmmaker and Actor Kunle Afolayan.

What do you think? What has been the political and economic impact of Nollywood? Send us your thoughts and comments on Facebook or Twitter using hashtag #AJStream.