Entertainment
Why Nigerian Musicians Pay Taxes To Foreign Countries – Mi Abaga
Popular Nigerian born rapper, Jude Abaga popularly called M.I has disclosed that Nigerian musicians sign publishing deals with foreign films because of lack of structure in the Nigerian music industry therefore making them pay their taxes to foreign firm’s and hire foreign staffers.
M.I stated this at a viral symposium organised by the Havard Kenny School Alumni Association of Nigeria on Friday December 11,2020.
The rapper who was speaking at the symposium with the theme, “the Africa, policy dialogue series: Harnessing Africa’s Demographic Dividend for peace, security and productivity through investment in youths” stated that the modern music industry started in 2000 hut it took many years before musicians could begin to benefit.
He said in 2000 there was no music industry and the first people that started had no structure around them and literally even today as we speak that structure is being built everyday and unfortunately what we find out is that our top artistes, if you take the top 10 Nigerian artistes, majority of their taxes are being paid to foreign countries, majority of their workforce will be people that are outside of the country.
”There are some investment in the music business but the real big investment are coming from outside and those catalogue gradually we are selling them off. As Europe is returning some of our artifacts for the next 100 years, “ the bulk of my catalogue is now domiciled under someone else there(abroad). It is almost like the burden to prove that these ideas are viable is on young Nigerians”.
“Nigerians are among the best sub minorities in the US. We conquered basketball, we have conquered music globally and we have conquered film, we are doing amazingly well. All we need in Nigeria is an opportunity”.
Entertainment
My Relationship With Davido Beyond Money, Gossip -Cubana Chief Priest
Popular businessman and socialite, Pascal Okechukwu, aka Cubana Chief Priest, has said that his relationship with singer Davido is beyond money and gossip.
He stated this in a recent interview with BBC Igbo.
“Davido is my friend. He is my in-law; he married Chioma who is from Imo State where I hail from.
“So the relationship I have with Davido is beyond money and gossip,” he said.
DAILY POST reports that Chief Priest disclosed via his Instagram page that his outfit for the wedding of the singer, Davido and his wife, Chioma, in Lagos on Tuesday cost seven million Naira.
The socialite recently appreciated Davido for not “discarding” Chioma.
He stated that the DMW boss has made Imo State proud by choosing to marry from the state.
Entertainment
Simi Joins Kenya’s Anti-Tax Protests
Nigerian singer Simisola Kosoko, popularly known as Simi, has lent her voice to the ongoing anti-tax hike protests in Kenya.
The Tide’s source reports that Kenyan youths are marching against tax hike in widespread demonstrations tagged ‘RejectFinanceBill2024.’
Five people were shot dead and dozens wounded after police clashed with protesters who stormed the parliament building in Nairobi on Tuesday, according to Amnesty Kenya.
Reacting via her X handle on Tuesday night, Simi declared her support for the demonstrators.
She stated that “it is both powerful and heartbreaking for a people to have to fight and die for freedoms and rights.”
The singer wrote, “I stand with the people of Kenya. It is both powerful and heartbreaking for a people to have to fight and die for freedoms and rights. Godspeed and Strength. [Hash tag] RejectFinanceBill2024.”
In a series of other posts, she wrote: “Wow. When you’ve had enough, the fight is almost inevitable.
“African leaders- have not you done enough?
“I can’t wait for the day Africa is not a weapon fashioned against Africans. All of this amazing Black power and human resource, but the majority are not likely to thrive unless they run.”
Entertainment
Davido, Zlatan, Others In Attendance At Asake’s Atlanta Concert
Famous Nigerian Afrobeat singer, Davido was spotted among other top artistes at Asake’s ‘Lungu Boy’ tour concert in Atlanta, Georgia.
Asake’s performance at his sold-out show at the 17,000-capacity State Farm Arena in Atlanta began on August 16, 2024, and is set to run for 10 days.
In a trending video on social media, Davido appeared backstage with American rapper Quavo to support Asake during the live performance.
Other musicians in attendance included Nigerian hitmaker Zlatan and American rapper Russ Millions.
The Tide’s source reports that Asake’s ‘Lungu Boy’ tour is set to cover six U.S. cities, where he will headline notable venues including Madison Square Garden in New York, the Toyota Center in Houston, and the State Farm Arena in Atlanta.
Asake’s tour comes just days after the release of his latest hit, ‘Lungu Boy,’ which features several superstars, including Wizkid, British rappers Central Cee and Stormzy, Travis Scott and Brazilian singer Ludmilla.
‘Lungu Boy’ set a new record for the biggest opening week on Spotify Nigeria, garnering 18.9 million streams in its opening week and breaking the previous record of 14.4 million streams held by Davido’s ‘Timeless.’