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Pinnick Sues Davido, Demands N2.3b Over Alleged Breach Of Contract

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The organisers of the yearly ‘Warri Again Concert’, have filed N2.3 billion suit before the High Court of Delta State in Effurun against a Nigerian-American superstar singer, David Adedeji Adeleke, popularly known as Davido over an alleged breach of agreement/contract between them.

Listed as defendants in the suit are Davido and his music label, Davido Music Worldwide Limited.

The claimant under the name, Brownhill Investments Company Limited, through its counsel, Kelechi Onwuegbuchulem in suit number EHC/183/2023, is asking the court to award N2billion as general damages against Davido.

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Specifically, the claimant is praying the court for N150million as legal and professional fees, and additional sum N30million as cost of filing the suit.

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The claimant is also seeking an order directing the defendants jointly and/or severally to tender a public apology on all the 1st defendant’s social media accounts/handles and in two national daily newspapers for four consecutive days, to the claimant and attendees.

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The claimant, in its statement of claim, averred that sometimes in early 2023, the 1st defendant approached its chairman, Mr. Amaju Pinnick, when they met at the Abuja Airport, to engage his (1st defendant’s) services for the 19th edition of the “Warri Again” event held on October 6, 2023.

The claimant stated that its chairman was hesitant to engage the services of the 1st defendant for the event as the defendant had disappointed him on two previous occasions – the 2014 and 2019 editions of “Warri Again”, where he did not show up to perform after he had been paid for the events and he was compelled to make refunds thereafter.

The claimant believing that the 1st defendant had turned a new leaf, entered into a performance agreement with the defendants, for the 1st defendant to perform as the headline artiste at the 19th edition of Warri Again, slated to hold on October 6, 2023 in Warri, Delta State.

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The claimant stated that in the Performance Agreement dated March 30, 2023, it was agreed that the 1st defendant’s performance fee was N70million, which the defendants insisted must be paid in full at the time, to secure the 1st defendant’s performance at the event.

It averred that thereafter, the sum of US$94,500.00 (an equivalent of N70million) was paid on April 6, 2023 and same was duly acknowledged by the defendants.

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After payment was made and confirmed, the 1st defendant did a promotional video for the 19th edition of the event slated, wherein he confirmed his attendance and live performance in Warri on October 6, 2023.

Thereafter, the claimant set in motion, all promotional and advertorial machinery for the event, projecting the 1st defendant as the headline performer at the event.

The claimant stated that it expended humongous resources on print and social media adverts and promotion for the event.

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It further averred that on September 29, 2023, precisely a week to the slated date of the event, a formal letter of reminder was sent to the 1st defendant in respect of the event, which contained flight itinerary of the private jet chartered to personally convey the 1st defendant and his team to and from Warri, Delta State for the event.

It stated that it incurred additional expenses of $18,000 to secure the private jet chartered to convey the Davido (1st defendant) and his team.

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It stated that on October 6, 2023, the claimant tried to reach the defendants severally but all attempts proved futile.

Regardless, the claimant kept the private jet, it chartered to convey the 1st defendant and his team to Warri, at the Airport in Lagos on standby, waiting for the 1st defendant and his team.

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The claimant added that it released a public notice that it had met all necessary performance agreements in respect of securing the performance of the 1st defendant at Warri Again and had not received any communication from the defendants, relating to his attendance at the event.

It stated that in the course of the event, its chairman, Pinnick, was compelled to address and apologise to the event attendees for the nonappearance and performance of the 1st defendant as the attendees expressed disappointment upon learning that the 1st defendant was not in attendance to perform.

He explained to the disappointed attendees that the claimant met all its contractual obligations to secure the attendance and performance of the 1st defendant but he deliberately refused to show up and perform.

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Pinnick further revealed on stage to the unhappy attendees, that the claimant had taken steps to secure the performance of another raving artist known as Crown Uzama aka Shallipopi, at an extra and unbudgeted cost to make up for the absence and non performance of the 1st defendant.

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The claimant added that the 1st defendant, not long after, resorted to bullying Pinnick, with his large social media influence and following by posting all manner of insults, defamatory remarks, threats and unprintable things on the accounts/handies of his Instagram, Snapchat and X (formerly known as Twitter], at its chairman.

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The 1st defendant made a false post on his Instagram story, stating that he had informed the claimant months ago of his inability to attend and perform at the event.

It averred that at no point in time did the defendants communicate or relate to the claimant that the 1st defendant would not attend and no longer perform at the “Warri Again” event.

It added that other show promoters and persons have been victims of the 1st defendant’s penchant for reneging on contracts and engagements after collecting payments.

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Consequently, it is asking for the payment of $94,500 as full payment for engaging the services of the 1st defendant.

It is also demand an order directing the defendants jointly to tender a public apology on their social media accounts/handles and in two national daily newspapers for four consecutive days.

It further asked the court for an order of injunction restraining the 1st defendant from performing as a musical artiste at any show/event in Nigeria until he refunds the sum of $94,500.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

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By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

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Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

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“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

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When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

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We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

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DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.

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IGP Orders Officers Display Name Tag On Uniform, Gives Update On State Police

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The Inspector General of Police, IGP, Tunji Disu, has ordered all police personnel to always have their name tags on their uniforms for easy identification.

Disu disclosed that only police personnel who are undercover are exempted from displaying their name tags.

Speaking on Tuesday, Disu said: “All police officers should have their name tags. All of us on the high table have our names apart from the undercover among us so if you look at all the Commissioners of Police we have our name tags, so it’s not our standard.

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All the Commissioners of Police are here and that is why we called this meeting, we have list of things like this that we will want to discuss with the Commissioners of Police, we have told them earlier and we will still let them know that every that happens within their area of jurisdiction falls under their control.”

On the issue of state police, the IGP said: “Since we got the signal that the Federal Government of Nigeria intend to establish State Police and since we are the federal police, we decided to take the bull by the horn and put down our own side of what we believe on how the state police should be run.

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“A lot of things were taken into consideration, a lot of comparative analysis was done and it has been transmitted to the National Assembly.”

 

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