Internet fraudsters fund many Nigerian artists – M.I claims

In a recent podcast appearance, veteran Nigerian rapper M.I, also known as Jude Abaga, made a controversial claim that internet fraudsters are a major source of funding for the country's music industry. He highlighted the need for a better term for funding the creative sector, emphasizing that talented musicians in Nigeria rely heavily on fraud industry money.

M.I urged wealthy Nigerians to step up and support young musical talent financially, pointing out that the current situation indicates something is wrong with the industry's funding model. The rapper's statements have sparked a debate among the public, with many questioning the ethics of accepting funds from fraudulent sources.

Overall, M.I's comments shed light on the complex dynamics of the Nigerian music industry and the challenges faced by artists in securing financial support.