Senator representing Adamawa State North Senatorial District, Ishaku Abbo, says plans are underway to establish a commission that will resolve disputes between record labels and their signees.
Abbo, who is also the Chairman, Senate Committee on Creative Economy, disclosed this on Thursday in Lekki, Lagos State, while on a condolence visit to the residence of Mrs Adebose Olumuyi, the mother of late Ilerioluwa Aloba, popularly known as Mohbad.
Mohbad who died last week at the age of 27 and the circumstances surrounding have yet to be unraveled and ascertained.
Abbo added that the Senate, in collaboration with the Ministry of Art, Culture, and Creative Economy, will see to the creation of the commission.
The lawmaker said, “I have received petitions from Nigerians calling for either a creative economy or entertainment economy commission where disputes that arise between record labels and their signees would be settled.”
He added that the creation of the commission will help to ensure that no one takes the law into their hands between record labels and their signees.
“When we have this commission, nobody will start taking things into their own hands. But this doesn’t exist now in this country and I am assuring you that the Senate of the 10th assembly, in collaboration with the minister for creative economy, will come up with a commission called creative economy commission,” he announced.
Abbo added, “The Senate just passed a bill and it has scaled third reading. We have also done a public hearing about setting up a fund for victims of such incidences where the families can benefit like the EndSARS victims and other victims of violence.
“The FG is interested in setting up the fund. The creative industry is a very big one. It is a multi-billion economy and I am sure the current administration will ensure that the sector has a conducive atmosphere.”