Controversial journalist, Kemi Olunloyo, has called out singer Naira Marley, accusing him of owing the late musician Mohbad about 300 million Naira. She added that Mohbad is worth $690,000.
She made these claims on her X, formerly known as Twitter, profile after declaring that she had done her homework.
Kemi Olunloyo wrote: “MOHBAD’S MUSIC ESTATE: After my research monitoring streams and the Imolenization CAC search, I discovered that Mohbad, as of today, is worth 700 million Naira, roughly around $690,000.”
“Naira Marley owes him 300 million Naira in song royalties. On my X Spaces, I mentioned the top 3 songwriters in Nigeria as Tiwa, Teni, and the third person is actually Mohbad. Mohbad wrote almost 97% of all the songs at Marlian music.”
“Songwriters get royalties, and I mentioned @SOCANFoundation as an example when I was a Canadian Grammy Judge @TheJUNOAwards.”
“Mohbad complained that Naira Marley was holding his royalties and streaming revenues as well as downloads. They pretty much had a bad business relationship.”
“Artist developers are needed in Nigeria. Remove the drugs and cultism, and the industry will be super global.”
“As you can see, Davido came to represent the brotherhood despite the fact that I warned him not to step in Nigeria.”
“Only the intelligent can understand that part. Nobody speaks against the brotherhood. Most music industry label bosses and the ones at the top have largely been silent.”
“They are all affiliated with the same cult. They can’t speak against Naira Marley.”
“My suggestion, as Mohbad’s estate hit one billion Naira in days to come, is a court-appointed probate lawyer to take over his music assets assuming Naira Marley releases the funds. It will be a bitter court fight.”
“He should have taken this to court a long time ago, but people like Zlatan and Bella Shmurda told him to ‘hang in there.'”
“These devil-sent frenemies could have helped him. It’s like a woman being beaten by the husband, and relatives tell her to stay in the bad relationship.”
“The toxicity will finally kill you. Drug abuse, hypertension, alcohol, etc., develop.”
“All his major hits are in Marlian music, plus all the songs he wrote for Zino and Naira all added to that 300 million Naira.”
FULL STATEMENT BELOW:
MOHBAD’S MUSIC ESTATE: After my research monitoring streams and the Imolenization CAC search, I discovered that Mohbad, as of today, is worth 700 million Naira, roughly around $690,000.
Naira Marley owes him 300 million Naira in song royalties. On my X Spaces, I mentioned the top 3 songwriters in Nigeria as Tiwa, Teni, and the third person is actually Mohbad. Mohbad wrote almost 97% of all the songs at Marlian music.
Songwriters get royalties, and I mentioned @SOCANFoundation as an example when I was a Canadian Grammy Judge @TheJUNOAwards.
Mohbad complained that Naira Marley was holding his royalties and streaming revenues as well as downloads. They pretty much had a bad business relationship.
Artist developers are needed in Nigeria. Remove the drugs and cultism, and the industry will be super global.
As you can see, Davido came to represent the brotherhood despite the fact that I warned him not to step in Nigeria.
Only the intelligent can understand that part. Nobody speaks against the brotherhood. Most music industry label bosses and the ones at the top have largely been silent.
They are all affiliated with the same cult. They can’t speak against Naira Marley.
My suggestion, as Mohbad’s estate hit one billion Naira in days to come, is a court-appointed probate lawyer to take over his music assets assuming Naira Marley releases the funds. It will be a bitter court fight.
He should have taken this to court a long time ago, but people like Zlatan and Bella Shmurda told him to ‘hang in there.’
These devil-sent frenemies could have helped him. It’s like a woman being beaten by the husband, and relatives tell her to stay in the bad relationship.
The toxicity will finally kill you. Drug abuse, hypertension, alcohol, etc., develop.
All his major hits are in Marlian music, plus all the songs he wrote for Zino and Naira all added to that 300 million Naira.
It is disheartening to hear of such discrepancies within the music industry, where artists are not receiving their rightful royalties and earnings. Kemi Olunloyo’s statement sheds light on the challenges faced by artists like Mohbad, who may be experiencing financial injustices under the reign of Naira Marley.
The issue of unpaid royalties and improper business relationships is a significant concern that should not be ignored. It is high time that the Nigerian music industry addressed these problems and took steps to ensure fair treatment and proper compensation for all artists.
Kemi Olunloyo’s suggestion of involving a court-appointed probate lawyer to handle Mohbad’s music assets is a logical course of action considering the magnitude of the dispute. This would ensure a fair resolution and protect the rights of artists like Mohbad.
Furthermore, the mention of cultism and drug abuse in the industry highlights a dark side that needs to be addressed urgently. The presence of such harmful elements hinders the growth and development of the music scene, tarnishing its reputation and the well-being of those involved.
In conclusion, it is crucial for industry leaders, artists, and relevant authorities to come together and address these pressing issues. By doing so, the Nigerian music industry can thrive and success can be achieved in a fair and just manner for all.
