Popular Wizkid, a.k.a. Ayodeji Ibrahim Balogun, is a Nigerian singer who has been open about his relationship with Burna Boy.
In a recent interview, Wizkid recalled how they initially got together while working on Burna Boy's album "African Giant."
Burna Boy was referred to by Wizkid as his family.The Ojuelegba crooner said, "Some amazing music will inevitably result from two great people in the same room."
"Burna Boy and I are like family; when you have two great people in the room, you are bound to make amazing music," Wizkid stated in the video.
Nigerian artist have been incredibly successful since the Afrobeats music genre took the world by storm. Even though they have many other ways to make money these days, performance fees are still an essential part.
Even if their wealth has significantly expanded due to streaming, endorsements, goods marketing, and other revenue streams, being paid to play at events, gigs, and concerts continues to be the most reliable and secure source of income.
There is a standard that artists can never compromise on, even though the elements influencing how much they charge for a show, concert, or celebrity event are too numerous and complex to cover in this article.
That raises the question of who can demand highest performance fee. Adeshola Adefuwa-Cole, the Chief Executive Officer of Cole Management Services, offers insight into the fees that top Nigerian singers charge for events locally as well as globally in an interview with Potpourri. In order to stay relevant with global markets, he says that prominent Nigerian musicians like charging in US dollars, both domestically and internationally.
Burna Boy is currently at the top because he demands at least $1 million for each performance. Between $800,000 and $1 million is what Wizkid charges. In third position, Davido costs about $500,000. Olamide charges $500,000. Davido follows in third place. In addition to the set performance costs, he stated
As the artists make additional demands of themselves and their staff for the sake of convenience for the presentation, other factors must be taken into account.
Taking Wizkid as an example, you are responsible for managing the flight, which is mostly a chartered flight.
Before the contract is signed, the booking must be confirmed. It must include one return business class ticket and six return economy seats from Lagos. Ten single basic rooms, one premium suite, and one penthouse suite make up the lodging options.
The daily allowance for artists is $300, managers receive $200, and crew receive $100. Each person receives this amount. Additionally, security and ground transportation have to be offered, he says.
He added that Rema ($200k) costs more than Tiwa Savage ($100,000), which is surprising. Tems and Ayra Starr are paid fifty thousand dollars each.
Asake charges $100K, whereas Kizz Daniel reportedly charges $200K.
