How Yahoo Boys Are Funding Some Nigerian Singers – MI Abaga

Nigerian podcast star MI Abaga recently highlighted the issue of Yahoo Boys funding some Nigerian singers. He expressed concern that a significant portion of financial support for artists in Nigeria comes from individuals involved in internet fraud.

Abaga emphasized that this situation reflects poorly on the nation and undermines the integrity of the thriving creative sector. He noted that many young artists depend on financial assistance from these sources rather than established industry investors or local benefactors.

Abaga called for wealthy Nigerians to invest in homegrown musical talent to ensure a sustainable and ethical growth of the music industry. This revelation sheds light on the complex dynamics of funding in the Nigerian music scene.