P-SQUARE SIGNS N240M DEAL WITH GLO
After months of speculation, the Okoye brothers popularly known as P-square have been appointed as Glo ambassadors in a four year- deal reportedly worth N60 million a year.
The brothers were reportedly signed-on to replace D'banj who fell out with the company over his request for a raise in his performance fee last year, a move that angered the CEO, Dr Mike Adenuga Jr.
D'banj was the favorite of all the ambassadors before he reportedly fell from grace. He signed a deal worth about N70 million and was the first to be called for all events hosted by Glo. He was rejected when he instructed his lawyer to write Glo and ask for an increase in his performance fee to about N2 million, a move that angered the company. Earlier he was given a branded SUV and he was seen as the most pampered of the lot.
Since then , Dr Mike Adenuga who was obviously a D'banj fan was said to have distanced himself from the singer whom he treated like a son . He was said to have been pissed at D'banj's approach of employing a lawyer when he could easily have come directly to him and other senior members of management of Glo.
Immediately after the incident, P-square and 9ice's names popped up in the list of D'banj's possible replacement even after he reportedly went cap-in-hand to beg the company and its CEO. However, P-square came tops after series of impressive performance in past events of Glo where they have been invited.
P-square comprises of hip hop duo of Peter and Paul Okoye managed by their brother Jude Okoye. They recently won the best musician award at KORA which fetched them $1 million. They also moved into their mansion reportedly worth N300 million and acquired series of wonders on wheels after returning from a successful tour of America .
In a related development, frontline comedian, Basketmouth, has renewed his ambassadorial contract with Glo in a deal sources said was worth several millions last week. Basketmouth whose real name is Bright Okpocha is the only comedian on the ambassadors' list of Glo.
He was recently voted the second best comedian in Africa (an Egypian was first) by MNET's Studio 53 Extra and he has been Nigeria's most visible comedian on the international scene. His deal with Glo has been renewed for about two to four years.