By Benjamin Njoku

The Musical Copyright Society Nigeria Limited, MCSN, has commended President Muhammadu Buhari for the new Copyright Act 2022 which he recently signed as a parting gift to the creative industry.

In a letter dated April 19, signed by the Chief Executive Officer of the Society, Mr. Mayo Ayilaran, the collecting society thanked the outgoing President for deeming it fit to give to the creative industry a parting gift in the form of a new copyright law.

According to the letter, “We have received with joy and heart filled with gratitude the new Copyright Act 2022, which you recently signed for the creative industry in the Federal Republic of Nigeria. We most sincerely thank you for this, as a parting from Your Excellency.

“Nigerian music, movies, literally works and artworks among others, are now ranked among the best across the world and yielding multi-million dollars for our creators. Your administration has enabled the emergence of a viable and sustainable structures upon which our creators can rely on to reap the benefits and dividends from their intellectual labour. Our organization, the Musical Copyright Society Nigeria Ltd, MCSN, is one of such structures licensed and approved as a collecting society/collective management organization and which has within the last two years distributed various sums of money of over Four Hundred Million Naira (N 400,000,000.00) to music creators in Nigeria and around the world for which many of our creators are able to solve certain of their basic problems”.