The Musical Copyright Society Nigeria Ltd./Gte (MCSN) has commended President Muhammadu Buhari on the new Copyright Act 2022, which he recently signed as a parting gift to the creative industry.
In a letter written by the society’s Chief Executive Officer, Mr Mayo Ayilaran, he thanked the outgoing President for finding it appropriate to provide the creative industry with a parting gift in the form of a new copyright law.
The society also congratulated the president for the significant influence his administration had on the creative industry over the last seven years, during which difficult decisions were made. As a result of all of these changes, Nigeria’s creative industries are now emerging as a thriving economic sector.
“Nigerian music, movies, literally works and artworks among others, are now ranked among the best across the world and yielding multimillion dollars for our creators,” Mr Ayilaran said.
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He further stated that, “Your administration has enabled the emergence of a viable and sustainable structures upon which our creators can rely to reap the benefits and dividends of their intellectual labor. Our organization, the Musical Copyright Society Nigeria Ltd. (MCSN) is one of such structures.
licensed and approved as a collecting society or collective management organization, which has within the last two years distributed various sums of money totaling over four hundred million naira (N400,000,000.00) to music creators in Nigeria and around the world, for which many of our creators are able to solve certain of their basic problems.”MCSN represents the copyright interests of most Nigerian musicians vis-à-vis those of our international foreign affiliates in Nigeria.”
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