In a recent interview with Pulse NG , ace Nigerian rapper, M.I Abaga
spoke about diverse issues affecting the Nigerian music industry and he
talked about the direction of his music.
M.I in the interview talked about the aspect of financing in the
Nigerian music business and surprisingly, the rapper had good words to
say about internet fraudsters, who he claims have been filling the gap
by financing artistes, in the absence of corporate sponsors and brands.
He said:
“There’s no bank in the history of Nigeria that has
given one Naira to any label. There’s one corporate entity that has
given any label. It’s young guys.
In fact, you’re more likely to get money from a Yahoo boy. Shout-out to Yahoo boys. May God prosper your business.’’