Audu Maikori CEO of one of Nigeria’s biggest labels Chocolate City has decided to step down from his position just weeks after announcing the return of Jessie Jagz to the label. Audu made the announcement at the 2015 Nigerian Entertainment Conference , but failed to mention who will be taking over, but speculations have revealed that M.I Abaga who is currently on board will be taking over.
Read the statement below.
“At this point I have decided to step down as CEO of Chocolate City to allow for the younger generation to steer the ship. My resignation takes effect from June, but I wont disclose who will take over from me until then
I have headed Chocolate City for the past 10 years and its been the most amazing period of my life despite the many challenges that came with it. There were times, I would get home and wished I wouldn’t have to go to work the next day. Some other times, artistes will need money and even though unavailable, we still have to find a way
At Chocolate City, we have adopted what I will like to call the “360 deal” approach. This caters for the artiste as a brand in totality and seeks to promote and better his craft, sales, management, endorsement as well as appeal to fans, rather than just sell his albums”
