Music executive Ubi Franklin has responded to viral reports accusing him of exploiting young talents in the Nigerian music industry, and the circulating speculations that Davido sacked him from being Chioma’s manager.
In a recent video shared online, Ubi Franklin revealed that he currently owes an estimated debt of 30 million naira, while also being owed 782 million naira, describing it as a normal business occurrence.
“I am not going to say I don’t owe anybody. The total number of money I’m owing is not more than 30 million naira, while people are owing me almost 782 million “, He stated.
Responding to social media criticism, Ubi Franklin asserted that he doesn’t require legitimacy, labeling the backlash as redundant.
Ubi explained how business transactions can be unpredictable and clarified that he wasn’t seeking fan support. Instead, he spoke about his focus as a businessman, more interested in generating profit.
Netizens React:
some_favourite wrote: “Na wan ooo na i dey here dey owe 6 millions i nor fit sleep una get heart shaaa.”
mr_bbk said: “lol 😂 to meet up in Nigeria you must be in debt, if dem open many of Una influencers and celebrities book Una go run m@d.. Ubi just did not arrange his own well.”
privatejjay wrote: “Me Dey pay artists with my Money ooo before brand or Partners pay ! Make you raise funds available for your artists, some Partners don’t pay early, it shouldn’t be artists business or problem , they have family to feed.”
inumidun said: “Doing business with someone like Ubi is always complicated… Kilode.”
cea_patz wrote: “Anini, you’re always having money issues with people, so shameless.”
djtunesvibe said: “If Ubi dey owe 30mil and nothing do am who come be Palmpay wey dey track me cause of 10k.”
