Veteran rapper Jude Abaga, aka M.I, has claimed that internet fraudsters, also known as yahoo boys, fund a major part 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 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’s 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.
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The rapper urged wealthy Nigerians to step up in funding the country’s musical talents, stressing that young people are the only supporting other young people financially in the Nigerian music industry at the moment.
In July MI Abaga has opened up about getting married at age 41 and all the circumstances that led to him getting married at that age.
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During an interview on the Jay On Air Podcast, he discussed feeling a twinge of regret around the age of 37, as he compared his life to that of his friends who had married in their mid-to-late twenties and were now raising teenagers.
However, he said his outlook changed dramatically when he met his wife just before turning 40, shortly after ending a previous relationship.
According to MI Abaga, his journey to marriage taught him that everyone has their unique timeline, and that being ready is crucial for a successful relationship.
