Talented manager, Paulo Okoye, has fired back at afrobeat singer Spyro, who alleged that he struggled financially while signed to Okoye’s record label.
Spyro claimed that he had to take a loan to support himself, as he didn’t earn anything from the label, and accused Okoye of being ineffective in managing the label.
Speaking with Echo Room podcast, Spyro said:
“I was signed to a record label owned by a billionaire who owns like 3 Rolls Royce… but I was signed and nothing was happening. I wasn’t even getting a dime.”
However, Okoye took to his Instagram story to refute these claims, sharing receipts of his expenses on Spyro.
Okoye claimed he invested a N12 million in Spyro, covering N4.2 million in expenses, two music videos, and the singer’s inaugural international trips to Dubai and the UK.
Okoye accompanied the receipts with a caption:
“Wow wow – 2017. Spyro expenses 4.2m + 2 music video + first ever travel, Dubai, UK etc. Flight, hotel etc. Total spend N12m. Money made with Spyro = 0KoboNaira. But it is well, I’m happy for him.” [CONTINUE READING HERE]>>>>>
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