By Diaun Amosun
The Chairman House of Representatives Committee on Justice Rep Olumide Osoba has on behalf of the Legislature given an assurance that the efforts of late Ileriolwa Aloba a.k.a. Mohad Wii not be in vain as royalties on his music and proper compensations will be monitored for payment.
The lawmaker made the commitment during an interactive session on the rights and royalties related to Mohbad’s music after the passage of a motion of urgent public importance earlier moved by Rep Babajimi Benson (APC-Lagos) to secure the royalties of Mohbad’s song.
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Osoba emphasised the significance of securing compensation and royalties, acknowledging that these payments are essential sources of income for musicians.
He said that such will enable artists to sustain their careers, create new music, and build a future within the industry.
He however, said that the current system often falls short in adequately protecting and providing for young musicians concerning their royalty rights.
The lawmaker noted that emerging artists face challenges when negotiating fair royalty agreements, particularly when dealing with major record labels, which often wield significant power and can impose unfavorable terms, resulting in artists receiving only a fraction of the royalties they deserve.
He noted that such knowledge-gap places them at a disadvantage, as they may not fully grasp the complex legal intricacies surrounding royalty rights, adding that the responsibility rests on society to bridge the gap and ensure that young musicians are aware of their rights while having access to legal support that safeguards their interests.
According to him, to address these issues, it is vital to work towards implementing stronger regulations and support systems within the industry.
He said the committee also welcomes any other information or challenges hindering the implementation of the rights and royalties of the late musician.
It would be recalled that Mohbad, passed away on Sept 12 under mysteriourcumstan.
