Nigerian Creative Industry which is the value chain of National Tourism industry of Nigeria must move with time of the global market of today’s globalized economy. In today’s globalized economy Nigerian entertainment industry needs to change status by the constant review of the Nigerian laws that guide the industry so that the economic impact of the industry in Nigerian tourism industry can be measured by the Gross Domestic Product, GDP. Nollywood and the Nigerian entertainment industry is an important aspect of the Creative Products of Nigeria economy so also as their activities are factors to the global market of today’s globalized economy as Nigeria cannot be an exception so far that Foreign films, video and music are officially penetrating into the Nigerian local market economy. I shall say or expatiate more on this at the more appropriate time for me. The reality of the Nigerian active economy in today’s global market of today’s globalized economy is that Nigerian Economy must do away with the string of the economy tied to the Nigerian Civil Servants work or services if Nigerian economy needs to move on and progress. Ok, why are the American, or Chinese or British films coming into the Nigerian local market? This is application of today’s Free Market Economy. Hence, Nigerian Laws must be constantly reviewed and regulated to meet with the time.