This is historical news for Nigeria musicians and upcoming musicians to come.
The dispute royalty payment between Nigeria Broadcasting Corporation (NBC) to ban radio station from playing any artistes signed agreement with Copyright Society of Nigeria (COSON) under the leadership of Chief Tony Okoroji with Independent Broadcasting of Nigeria(IBAN) and Broadcasting Organization of Nigeria (BAN) has finally reach fruitful agreement between both parties.
About few hours ago, (COSON) under the leadership of Chief Tony Okoroji, sign historic agreement with BON & IBAN by committing all broadcast stations in Nigeria to payment of music copyright royalty.
Last year December, NBC place Ban radio station around the country for playing any song of artistes signed under COSON. While this is one of the most talk discussion at just concluded Nigeria Entertainment Conference 2014. Pop star 2face Idibai, who is also speaker Nigeria Entertainment Conference 2014 share the historical news on his social media twitter account that COSON has Sign Royalty Payment With BON/IBAN.
Yes!COSON signs historic agreement 2day with BON & IBAN committing all broadcast stations in Nigeria to payment of music copyright royalty.
— Innocent Idibia (@2faceidibia) May 21, 2014