HomeBusinessNew copyright levy reform to direct 50 percent collections straight to artists,...

New copyright levy reform to direct 50 percent collections straight to artists, labels

A reformed copyright levy is set to allocate 50 percent of collections directly to rights owners, including artists and labels, under changes completed by a joint ministerial team. Obi Asika, Director-General of the National Council for Arts and Culture, announced the outcome at the Africa Music Business Roundtable 2026, describing it as a key structural win that ensures creators receive earnings they have previously missed, with an additional 20 percent going to the new Creative Infrastructure Trust Company.

 

Asika said the reform resulted from collaboration with the Minister of Justice and Attorney General of the Federation, the Solicitor General, and the Minister of Arts, Culture, and the Creative Economy. “We are a joint working ministerial team looking at that copyright levy to reform it. We have completed that mission,” he stated. He added that this is the first time such collections have been legislated at this level.

 

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