Award-winning singing duo, Peter and Paul Okoye famously known as P-Square are the highest paid hip-hop artistes right now, ENCOMIUM Weekly findings have revealed. The Okoyes are currently charging between N9 and N10 million for a show within Nigeria.
Apart from information gathered from the source close to the duo, independent music promoters/artiste managers also confirmed this, declaring the Koko master, D’Banj as the second highest paid artiste. The DB Record boss charges between N6 and N7 million as a standard show fee.
“Before the split of Mo’Hits, it used to be D’Banj. When D’Banj was charging between N7 and N8 million, P-Square’s fee was N5 million”, a veteran music manager affirmed, adding, “Right now, it’s P-Square.”
The afro-pop king, 2Face Idibia is the third highest paid. Although, 2Face’s performance fee has not been consistent, it’s within N5 and N6 million.
Industry sources told ENCOMIUM Weekly that 2Baba, as he’s fondly addressed, easily adjust fees because of the love he has for fans. “I agreed that he’s the third because he loves what he knows how to do best than the money. He’s man of the people and he loves to reach out to the people. He’s always happy when he’s on stage.”
Star Boyz owner, Wizkid, who stormed the industry three years ago, rose to become the fourth highest paid music star, collecting between N4 and N5 million. Although, the Jaiye Jaiye artiste has not featured in any big show in recent times, he also told ENCOMIUM Weekly in a recent interview that he charges N4 to N5 million.
Female singer, Omawumi Megbele is the highest paid female star. She collects N3 million alongside some male artistes, including Flavour, Timayah and the rave of the moment, Olamide. Others are Darey Art Alade, Duncan Mighty, and Chocolate Music artistes, M.I and Ice-Prince.
The likes of Kukere crooner, Iyanya, Davido, Wande Coal and Tiwa Savage are in the league of artistes that go for N2.5 million, while D’Prince, Dr.Sid and one time highest earning artiste, 9ice collect N2 million respectively.
Aside artistes that still receive less than N1 million, Naeto C and Waje’s fee is N1.5 million.
“Basically, each artiste has a standard fee for gigs, concerts but for private parties such as birthday, wedding, etc, it varies. Some people would call for reduction simply because they are individuals, not brands. It depends on the artistes whether to accept or not. What I know is that it’s always fixed”, said an artiste manager.
1- Psquare – N10million
2- D’Banj – N 8million
3- 2Face – N6million
4- Wizkid – N5million
5- Omawumi, Darey, Duncan Mighty,Olamide, Timayah, Flavour, M.I, Ice-Prince – N3 million
6 – Iyanya, Davido, Wande Coal, Tiwa Savage – N2.5 million
7 – 9ice, D’Prince, Dr. Sid – N2 million
8 – Naeto C, Waje – N1.5 million
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