Music producer, Michael Ajereh, popularly known as Don Jazzy, has denied the reports of financial issues between him and singer, Dbanj at the defunct record label, Mo’Hits.
The 37-year-old, who now owns Mavin Records, stated this in an interview with fellow record label owner, Ubi Franklin, on Tuesday.
“The way I am with people in my company like myself and D’banj, money issues didn’t occur. I and D’Banj were so in sync that D’Banj can go to Oba of Lagos and return with N10 million and we would still share that money, “ he said during the interview conducted via Instagram Live.
He, however, complained about the challenges of running a record label in Nigeria, saying, “There is no structure in Nigeria, but then I have been hearing that from Mo’Hits time, from years ago so I said to myself what are we going to do now, we have to look for a way.
“So at the end of the day, you have to study human beings and look at how we operate in general, our culture is different, everything is different so you have to incorporate that into your business.“
The Umuahia-born producer also maintained that he has a good relationship with the artistes on his label.
He said, “I haven’t had anybody leave my record label while they are under contract so in that regard, I don’t relate, all my artists have finished their contracts and in short added extra jare sef before they go.
I don’t wait for them to come and tell me that you need to upgrade the terms of your contract, I already know that you’re a big boy, don’t worry I will help you upgrade it so that you know that we are equal partners, so that way they don’t feel that need to go out and venture.“
Dbanj released three albums, No Long Thing (2005), RunDown Funk U Up (2006) and The Entertainer (2008) under Mo’Hits Records before leaving in 2012.