Lagos - The Nigerian telecommunications companies have paid over N9 billion to different Nigerian music artistes as royalty on ring back tones alone, reports AllAfrica
This was revealed by the Director of Public Affairs, Nigerian Communications Commission (NCC), Tony Ojobo, at the fourth edition of the Nigerian Entertainment Conference held in Victoria Island Lagos.
He was using the statistics to buttress his conviction that technology and entertainment, which have a huge link between them, were the hope of Nigeria's future as oil revenue continues to dwindle.
Ojobo said the telecommunications sector's liberalization, which happened in 2001 spurred massive development both in the telecom and entertainment industries.
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