The 2018 Annual General Meeting of Copyright Society of Nigeria (COSON) was held on Thursday, May 10, 2018, at Lagos Sheraton Hotel Ikeja.
At the AGM, elections to all vacant positions on the Board were held and the reports of the auditors to the society were considered.
Speaking at the event, Tony Okoroji the chairman, COSON said, “for the past eight years, we have consistently held our AGM inn May and audited all our financial accounts in line with world best practices and in line with NCC directive.
“When we met in December, the sum of over N200 million was approved for royalties, and as I speak to you, members have been credited.
“For the first time in the history of Nigeria, the entertainment industry has a place to call its own, the magnificent COSON House was built without a loan or grant from government or any corporate body. This edifice belongs to Nigerian artistes because it was through their sweat that the building was erected. If anybody tells you that nothing is working in Nigeria, tell them that COSON is working.
“Lately, there have been several attempts to destabilise COSON by some parties who are driven by greed and blinded by their inordinate ambitions but they have failed and they will always fail because COSON has come to stay.”
However, reacting to the Annual General Meeting, artiste manager and aggrieved COSON board member, Efe Omorogbe, described it as “illegal”. According to him, the AGM “cannot be called by a sacked chairman, an illegal board of handpicked directors and executed by a General Manager who is under indefinite suspension.”
Present at the event where new board members were elected were top artistes including Pa Chris Ajilo, Sir Shina Peters, Sir Victor Uwaifo, and Kenny St. Best, among others.