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Chocolate City Boss Audu Maikori Resigns

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  Audu Maikori, the CEO of Chocolate City Music has announced his plans to retire come June 2015. He announced this yesterday to a tearful crowd of fans and admirers at the Nigerian Entertainment Conference 2015 held at Eko Hotels and Suites, Lagos.

According to him, his decision was based on the need to further strengthen the company and allow for the injection of new ideas into the system. He however did not reveal who will replace him.

‘I have headed Chocolate City for the past 10 years and its been the most amazing period of my life despite the many challenges that came with it. There were times, I would get home and wished I wouldn’t have to go to work the next day. Some other times, artistes will need money and even though unavailable, we still have to find a way. 

At this point I have decided to step down as CEO of Chocolate City to allow for the younger generation to steer the ship. My resignation takes effect from June, but I wont disclose who will take over from me until then’, he said.

His announcement came shortly after one of the label’s super stars, MI had spoken explicitly about why record labels will continue to operate in the industry for a long time to come,

‘At Chocolate City, we have adopted what I will like to call the “360 deal” approach. This caters for the artiste as a brand in totality and seeks to promote and better his craft, sales, management, endorsement as well as appeal to fans, rather than just sell his albums’

MI later announced the merger of his Loopy Music with Chocolate City and a compilation album which will be released exclusively on STAR Music App.

The record label has had Maikori chair its affairs since it was founded in 2005 and presently boasts well over 10 artistes including MI, Ice Prince, Jesse Jagz, Ruby Gyang, Nosa, Victoria Kimani, Loose Kaynon, DJ Caise, DJ Lambo and others.

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‘I want people to settle our fight, but…’ K1’s Lead Drummer,Ayanlowo Gives Condition For Reconciliation

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-Ayotunde Ayanda

 

K1’s lead talking drummer, Ayankunle Ayanlowo has listed the condition for him to reconcile with his boss, Wasiu Ayinde, the Mayegun of Yorubaland.

 

At his home in Felele, Ibadan in a private chat, the drummer in his request stated ‘I want them to settle our fight. I want them to call us together, he(Wasiu) should be God-fearing and state his part, while I should also be present to speak my mind. The elders should step in but God knows, I will never go back to him’.

 

When asked why he vowed never to go back, Ayanlowo replied, ‘he is vindictive, he never forgives and I’ve placed everything in the hands of God. I can never go back to the band”.

 

The lead drummer while confirming that some cleric leaders and traditional rulers have waded into the matter also said ‘part of my condition is that at any location they pick for the peace-meeting, if anything happens to me, I would hold the people that call for the meeting responsible and they’ve assured me nothing of sort would happen”.

 

He hinged his fears on the attack at his Felele, Ibadan home where his windows was shattered by people he believed to be loyalists of his boss.

 

‘I’ve worked with him for 32 years and now I want to be on my own, I’ve tried! They should just leave me in peace’, he begged.

 

Ayankunle had accused Wasiu  of providing a poor welfare package for his band members, which KWAM 1 has since denied and this has generated a lot of issues that called for the intervention of top monarch, the Aseyin of Iseyin, Oba Sefiu Adeyeri who claimed to have instructed Ayankunle to stop posting videos or granting interviews.

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Multiple Fraud Rocks Eko Electricity (CLO Indicted)

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The Eko Electricity Distribution PLC, EKEDP is being hit by some huge corruption scandals.

 

The company according to a report monitored on Streetjournal Magazine has been facing issues of inadequacies and the absence of optimal service provision with customers groaning under the yoke of inefficiency and struggles.

 

The report stated that the company is faced with a significant level of corruption which involves top officials. The racket running in the company is linked with payment of ghost workers milking the company of millions of Naira.

 

Sources within the organisation that revealed this hinged the amount at about 300 million Naira while fingering EKEDP’s Chief Legal Officer, Wola Joseph as the head of the cartel.

 

Wola who has worked with the company as the Head of Human Resources before becoming the CLO has been alleged of multiple illegalities.

 

The lady was said to have been using her influence and relationship with some Board members to get away with many things.

 

The company’s Managing Director, Tinuade Sanda is said to have been helpless in the situation.

 

Wola is alleged to have been paying staff members who were sacked from the company and she also recommend and inflates salaries beyond the original payment scale of the company.

 

Her matter which has been reported to the National Union of Electricity Employee is under investigation.

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Style Meets Class At Billionaire, Tunde Ayeni’s Daughter Wedding Introduction

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Placing all the odds that hounded his life recently in a paternity scandal behind, billionaire, Tunde Ayeni staged a superlative wedding introduction for his daughter some days ago.

It was an assembly of the rich and the super rich  who witnessed the wedding introduction of Bolaji, the pretty daughter of billionaire, Tunde Ayeni on Saturday, December 2, 2023.

 

The 15A Herbert Macaulay crescent, GRA, Ikeja home of the billionaire who headed the defunct Skye Bank wore a colourful look, as the lord of the home, his wife and all their kids in a themed act displayed their rarest form of hospitality and embraced the full Yoruba culture in heralding the first stage of matrimony as they welcomed friends into their home.

 

As expected, the guest list was grand! Ayeni’s friends did not disappoint, they came in their intimidating numbers.

Former NDDC boss, Timi Alaibe, former Attorney-General, Bayo Ojo, former Governor of Western Region, General David Jemibewon, Senator Musiliu Obanikoro, Mogaji Wole Arisekola, Femi Falana, Chike Obi, Jide Omokore, Dakuku Peterside, Segun Awolowo, Orile of Ile-Ogbon, Oba Francis Olusola Alao, Senator Idris Umar, Yomi Awoniyi and many other dignitaries were spotted at the ceremony.

 

The Ayenis while expressing their appreciation after the event in a statement said ‘this auspicious occasion marks a significant milestone in our lives, and we are excited to share this momentous event with our dear friends and respected guests’.

 

 

Credit;  Streetjournal Magazine

 

 

 

 

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