Ajasa drags marketer to court
In spite of what appears like a sector boom last year, as was experienced by most entertainers especially artistes, one singer whose song was one of the really popular ones last year is crying foul over returns of investment.
Osaniyi Olusegun is better known as Lord of Ajasa and he is on his way to the courtroom as you're reading this.
The bone of contention is his second album titled, 2nd Turning by the Right and whose right he sold to Alaba giant Tjoe to market for a year. According to the rapper, the one-year deal was valued at N3 million Naira and papers were signed. It's close to eight months now since an agreement was reached and the Le Fenu So crooner is yet to receive a dime.
When asked if it is Tjoe who has refused to pay, the rapper replied, “He wants to pay me in stipends and that will spoil the money (lose value). I told him to pay me in bulk. Not necessarily all at once but at least in some meaningful portions.”
As at last Monday, Lord of Ajasa had began talks with his lawyer in Ikeja, Lagos, and is finalising moves to drag his marketer, Tjoe to court unless he (Tjoe) pays up. “I didn't have time before but now. I need my money so I have his time,” Ajasa finished.
The singer who had been living on proceeds from shows was introduced to Tjoe by his ex-manager simply identified as Paul; the same who brokered the Plantashun Boiz deal.