The performance fees of Nigerian superstars, Burna Boy, Wizkid, Davido and Olamide have gone viral with Burna Boy topping the chat.
The Nigerian music artists have been making big money and finding success through various means such as streaming, endorsements, and merchandise marketing.
With the above mentioned source of income, performance fees remain an important part of their income. Artists have been commanding higher fees for their performances at events, shows, and concerts with the rise of Afrobeats.
According to Adeshola Adefuwa-Cole, CEO of Cole Management Services, top Nigerian music stars prefer to charge in dollars, either at home or abroad, to keep up with the world’s market forces.
Adefuwa-Cole revealed what some of the top Nigerian music acts charge per event.
African giant and Grammy Award winner, Burna Boy currently commands the highest performance fee, charging 1 million dollars or more per show.
The Starboy, Wizkid charges between 800 thousand dollars to 1 million dollars, while Davido is in third place, charging around 500 thousand dollars. Olamide also charges 500 thousand dollars per show.
Aside from the fixed performance fees, other considerations are made as the artists make other demands for themselves and their crew as part of convenience for the show.
For example, for Wizkid, a chartered flight must be provided, with one business class and six economy return tickets.
It must be known that the fees charged by the top Nigerian music acts are influenced by many factors, like the location of the event, the size of the audience, and the artist’s popularity.
In his words:
“The booking must be confirmed before the contract is signed and it must be one business class and 6 economy return tickets from Lagos. For accommodation, it is one penthouse suite, one premium suite and ten single standard rooms.
For Per-diem or daily allowance, it is $300 (Artiste), $200 (Manager) and $100 (crew) daily per person. And also, ground transportation and security must be provided.”
See some reactions below:
@jerwmy reacted: “We knew he would top the chart. Not called Odogwu for nothing.”
@savannah said: “Nice one. Money making machines.”
In other news, Crossdresser James Brown’s sister, Gracious, has taken to social media to flaunt new mystery man after parting ways with ex-boyfriend who allegedly assaulted her.
Recall that her ex-boyfriend, Believe, had been accused of assaulting and inflicting wounds on her.
The social media influencer has met another guy who has picked up the broken shards of her heart months after her separation from Believe.
On her Instagram page, she said that she is currently dating another man who asked her to be his girlfriend.
Gracious made sure to keep him out of sight of the public by covering his face with a plate to conceal his identity.
Sharing photos from their date, Gracious wrote…
“He asked will you be my girlfriend and I said yes 🤭”
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