December 23, (THEWILL) – Members of Nigeria’s No 1 copyright collective management organization, Copyright Society of Nigeria (COSON), have approved a 2024 royalty distribution of a whopping N465.5 million for COSON members and associates. Following the approval, the distribution which is the highest in the history of the organization, began immediately. Tony Okoroji, chairman of COSON said the organisation had recorded a 123 per cent increase in the 2024 royalties compared with the amount distributed in 2023.
“We are distributing N465.5 million to all members of COSON today, and every member is expected to get their royalties immediately. We have recorded beautiful milestone achievements throughout the year, and I must appreciate everyone for standing tall in our moments of trials. Membership in COSON has increased. We have about 5,406 members now, and this is across the federation.
”Fellow members of COSON, let me state that I certainly believe that in these challenging times, we could have done more for the musicians of Nigeria. It is a paradox that the institution established by the state to enable us to soar and achieve great results for our nation conspired with carpetbaggers and fraudsters to become the greatest obstacle to our progress and success. Still, we continue to fly due to the unbreakable COSON spirit,” he said.
Okoroji while addressing the members in his speech titled ‘The COSON Spirit,’ he urged them always to uphold the spirit of love and brotherhood that the society represents.
“I have mounted the witness box and testified, and I have won victories on behalf of COSON that many had thought was impossible. We have retained the services of four first-class senior advocates and several other senior lawyers. Without the decisions of those distinguished Judges of the Courts who remain committed to truth and justice, COSON, this great pan-Nigerian organisation that has become the nation’s most formidable agent of strength, unity, progress and growth for the creative industry, would have since been sucked dry and wiped away.”
The COSON chairman appreciated the management led by General Manager Bernice Ashibuogwu for contributing to society’s success.
Ivory Ukonu is a versatile journalist with many years of experience, with entertainment and society reporting as her area of core competence.
