Performance fees for shows have remained an important part of their income and with the rise of Afrobeats, artists have been commanding higher fees for their performances at events, shows, and concerts.
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.
According to him, Rema charges $200,000, while Tiwa Savage charges $100,000. Tems and Ayra Starr charge $50,000 each. Kizz Daniel charges $200,000, and Asake charges $100,000.
“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,” he said.
However, some netizens didn’t expect Rema to earn higher than Tiwa Savage and they took to the comments to express themselves.
@adesholas asked: “How can small Rema charge higher than Tiwa Savage?”
@germini__ commented: “A whole Tiwa dey compete with Tems for fee? Wow.”
@sampsonnn added: “I never expected it.”