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Showing posts with label 5o million. Show all posts
Showing posts with label 5o million. Show all posts

Saturday, May 23, 2020

PLEASE DON’T SET UP A CMO! Tony Okoroji warns

SATURDAY BREAKFAST with TONY OKOROJI

YOU WANT TO BE RICH? PLEASE DON’T SET UP A CMO! Chief Tony Okoroji Warns those who wants to get rich by any means.

This week, on the 20th of May 2020, we celebrated the 10th anniversary of the official take-off of the operations of COSON which has become Nigeria’s must successful and most admired copyright Collective Management Organization (CMO).
On the same 20th of May, we marked the 3rd anniversary of the commissioning of the COSON House in Ikeja which continues to sparkle and which my communications team does not talk about without prefixing with the adjective, “magnificent”.
Yes, we always wish to remind everyone that there is not one Naira of government money in the acquisition and construction of the “magnificent COSON House”, no donor dollar or pound came from anywhere and that we acquired, built and equipped COSON House with no bank loan and no debt of any type. The sparkling national green colour of COSON House tends to suggest to some people that it is federal government property. No! COSON has never received any type of money from the government.
Fired up by our exhilarating slogan, “let the music pay!”, COSON has in its ten years of operation, distributed hundreds of millions of Naira as royalties to its members and affiliates. Just recently in April 2020, even with the major bank accounts of COSON frozen and the issues in court, COSON in a responsive and responsible manner reacted to the suffering of its thousands of members across the country under the pressure of the COVID 19 lockdown. The society became the first Nigerian institution to provide anti Coronavirus palliatives to its members at a time of great need. At first, =N=50 million was approved by the COSON Board for this purpose. An additional =N=22.5 million was later approved. The distribution has been done in a very structured, professional and transparent manner which has been widely celebrated by members of COSON and others.
You know what? Now, everybody wants to set up a CMO! In the typical Nigerian fashion, all the people who want to make quick money think that they can replicate COSON. They want to turn the very complex system of collective management of copyright into their new “pure water” business in which everyone has his own cheap cellophane designs littering the streets.
Not too long ago, I was President of PMAN. With a driven team, clear vision and never-say-die passion, I worked 25 hours every day, eight days a week, to make PMAN a glorious national brand. Everyone across the world, from the President of the Federal Republic, governors, ambassadors and stars of all colours wanted to associate and rub shoulders with PMAN. PMAN became a much-admired name and the toast of the nation. And the dam broke!
Every musician in Nigeria who could afford a tokunbo SUV began to see himself as President of PMAN. To be PMAN President became the burning ambition of a lot. At some point, there were four people simultaneously calling themselves PMAN President! With all due respect, none of them understood the vision or the mission. PMAN is a registered trade union but none of the ‘Presidents’ had ever read the Trade Union Act or even the PMAN constitution. We all can see where it has led PMAN.
In my service to the creative industry in our nation, I have always been driven by those almost forgotten words, “together we stand, divided we fall”. The strength of PMAN came from the bringing together of diverse people across Nigeria to share in one vision. I toured nearly every nook and cranny of Nigeria to make that possible. It required an incredible amount of work, loads and loads of battles and heaps and heaps of personal sacrifice. Everywhere, I had to know what I was talking about. So, I had to study everyday and study very hard. Take it from me, there is nothing worse than an ignorant leader.
Either as President of PMAN or Chairman of COSON, I have never gone into a meeting or discussions without first getting a good grasp of the relevant laws, the rules, the issues, the statistics or the trends. I believe that every great leader must remain a student through his tenure with the appetite to learn as much as possible. I wish to repeat that there is nothing worse than an ignorant leader.
I have repeatedly told people that you can never become rich by doing the kind of work that I do. What drives you must be the genuine love of people and not the love of self. You can never build a great trade union or an outstanding CMO if you are driven by self interest or the interest of you and your handful of friends. When you lead a CMO, you work for others and not for self.
I see all the people positioning themselves to launch new CMOs in Nigeria and ask myself whether they truly understand what it takes to make a CMO work. Do they know how many years of study, work and patience it has taken COSON to be where it is? Do they have the requisite technical knowledge? Do they know how many court cases that litter the road COSON has had to travel? Do they think that there is anyone out there with bags of money waiting to give to them just upon their asking? Do they think that there would be no new arguments, quarrels or disagreements within whatever contraptions they have in mind?
I look around and I see all the people who not long ago thought they would become super rich by becoming PMAN President and I ask, “how did it pan out guys?”
That is why I say that setting up a CMO is not pure water business. If you want to be rich?... Please, don’t set up a CMO!

Wednesday, April 8, 2020

MUSICIANS GET 50 MILLION NAIRA CORONAVIRUS RELIEF FROM COSON TO CUSHION THE ONGOING LOCKDOWN

BREAKING NEWS!

50 MILLION NAIRA CORONAVIRUS RELIEF FROM COSON TO CUSHION THE ONGOING LOCKDOWN



Starting from Tuesday evening, thousands of musicians across the country would receive bank alerts as Anti-Corona Emergency Relief Distribution from COSON, Nigeria’s biggest and most respected Copyright Collective Management Organization. The distribution is in reaction to the hardship and distress being faced by many musicians in Nigeria who have been affected by the ongoing coronavirus pandemic and the current lockdown which has also stopped entertainment activities across the country.
For the distribution, the COSON Board has approved the sum of 50 Million Naira to be shared amongst about 4,500 members on the society’s register as at May 19, 2019. In the midst of the current
crisis and following several S.O.S. messages from COSON members facing deep hardship all over the nation, the COSON Board over the weekend, met online in an emergency session and after vigorous discussions, approved the distribution.
Speaking on the development, COSON Chairman, Chief Tony Okoroji said, “I have personally received calls from several members of COSON who are desperate for immediate assistance of any kind. Other members of our Board have received similar messages. At a time like this, COSON must be responsible and responsive to the needs of our members and we should do everything we can to help them wade through these hard times. That is the very reason why COSON was set up. I am proud of the quick response of members of the COSON Board who showed great understanding that we must be our brothers’ keeper at a time like this.
“Starting immediately, with the co-operation of the banks, each qualified member of COSON will receive a modest sum of eleven thousand naira in what we have termed Anti-Coronavirus Emergency Relief (ACER) General Distribution. We are able to do this because of the deft management of our resources. We wish we could do more. I however believe that most people are aware of what we have been through in recent times. Let me thank the COSON management team of Vincent Adawaisi, Isa Aruna and Anthony Imuse who burnt the midnight oil to ensure that the decision of the Board is executed with dispatch”.
On outstanding Specific Distributions, the COSON Chairman said, “Every member of the Board is very eager that all outstanding specific distributions should be paid without any delay. The issue was prominent in our discussions on the emergency relief distribution. While the Board and the General Assembly have approved the specific distributions, it is common knowledge that COSON funds in two banks are frozen. The money for the specific distributions is domiciled in the frozen accounts. The money is safe. Not one Naira is missing. It is also common knowledge that we have gone to court to have the accounts unfrozen and immediately that happens, the money will be paid. In any case, all those entitled to Specific distribution will also receive the Anti-Coronavirus Emergency Relief (ACER) General Distribution.
“It is unfortunate that it is some of our colleagues that requested the banks to freeze the accounts which has brought this suffering to innocent COSON members and even to those who took the action. That is why we need to be very careful about what we say and what we do.”
“I hope that we will use this very challenging period to think deeply. We have built COSON to be there for musicians through thick and thin. We work hard to ensure that COSON takes care of musicians while they are alive and celebrates them even in death. Has anyone forgotten how in an unprecedented manner we buried the late Ras Kimono like a king?
Said the COSON Chairman, “Some people may think that because things are going well for them today, they will never need COSON. I have been in the industry long enough to know that the day will come when each of us needs an institution like COSON. When I hear people in our industry call on government to clamp down on COSON or that those who owe us money should not pay us, I ask why anyone would choose to urinate into a well from which he might soon draw water to drink when he is desperately thirsty”
Concluded Chief Okoroji, “I know that I cannot please everyone but I am working hard every day to lift up the musicians of Nigeria, promote and defend our industry and provide visible solutions to the problems of each of us. I have absolutely no interest in the cantankerous name calling and rabid character assassination which many appear to dwell in and which do not provide even one cup of garri for any Nigerian artiste or one cube of Maggi for his pot of soup”.
FOR COSON: PM Walker
COSON...Let The Music Pay!