Veteran rapper Jude Abaga, popularly known as M.I Abaga, has claimed that internet fraudsters fund a significant portion of the Nigerian music industry.
According to him, it is an indictment on Nigeria as a nation that most of the funding of the country’s music industry comes from the West and from fraudsters.
He insisted that Nigeria needs to do better in terms of funding for the creative industry.
M.I featured as a guest in a recent episode of the ‘So Nigerian’ podcast.
“There are a lot of controversies when people talk about Yahoo Yahoo, because a lot of artists that is the funding that they have. What I’m trying to say is that it’s an indictment on our country that we have such talented musicians and that the major funding for the industry comes from the West and the fraud industry. It’s an indictment. It shows that something is wrong. Hopefully, we can do better,” he said.
The rapper urged wealthy Nigerians to step up and fund the country’s musical talents, stressing that young people are currently the only ones supporting other young people financially in the Nigerian music industry.
