According to the pronouncements:
- BON/IBAN recognize that they are to pay artistes copyright royalties,
- BON/IBAN members are obliged to keep adequate logs of all musical works broadcast by them and make sure they are made available upon request by relevant authorities
- All payments of musical copyright royalties shall be made to COSON
- A joint committee of NBC, NCC, COSON, BON/IBAN will be se up to review all royalty tariffs and ensure they are fair, reasonable and according to standards
- Joint committee are given 90 days after the issuance of these pronouncements,tariff set up bt committee will be in biing on BON/IBAN and COSON members.
- To ensure a conducive atmosphere for this committee to do a good job, the ban on Nigerian artistes should be suspended.
- NBC will monitor compliance to the agreements reached as contained in these pronouncements. See a clear view of the pronucement below...
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