- Self-proclaimed international journalist, Kemi Olunloyo has made claims that Naira Marley, CEO of Marlin Music, owes the late musician Mohbad about N300 million.
- She also said that the late Nigerian artist was valued roughly $690,000 a total of about 700 million naira.
She made these claims on her X, formerly Twitter, profile after declaring that she had done her homework.
Kemi Olunloyo wrote: “MOH’BAD’S MUSIC ESTATE: After my research monitoring streams and the Imolenization CAC search, I discovered that he as of today is worth N700M roughy around $690,000.”
“Naira Marley owes him N300M in song royalties On my X Spaces I mentioned the top 3 songwriters in Nigeria as Tiwa, Teni and the third person is actually Mohbad. He wrote almost 97% of all the songs at Marlian music.”