Popular music executive, Ubi Franklin, has reportedly unfollowed singer Kizz Daniel on Instagram over an alleged N15 million dispute.
A popular blogger, Cutie Juls, recently alleged that Ubi Franklin got Kizz Daniel a lucrative gig worth N150 million in Nigeria.
An initial agreement was made between the two that Ubi Franklin gets ten percent from the money, which amounts to N15 million.
After the money was paid, Ubi took out his share and sent N135 million to Kizz Daniel, which got him furious, requesting for the full amount or he wouldn’t go for the show.
Kizz Daniel reportedly sent five percent to Ubi after receiving full payments, which is N7.5 million, claiming that he wasn’t the one who agreed to pay the initial ten percent.
Read details below:
Cutie Juls wrote: “Apparently, Ubi got Kizz Daniel a N150 million gig in Nigeria and initially Kizz agreed to pay Ubi 10% which is N15 million. So since Ubi got the deal with MMM label, he took out N15 million and sent the N135 million to Kizz Daniel’s account [@lagosstategovt hope you people have taken your tax 😩].
“Now, Kizz Daniel upon receiving the alert said no, Ubi has to pay the whole sum to him so he can account properly then he would now pay Ubi’s cut as an expense maybe for tax purposes.
“Initially, Ubi refused and then Kizz Daniel said unless the whole N150 million is paid into his account, he won’t go for the show.
“So Ubi then had to succumb and pay the N150 million to Kizz. When Kizz received the money, instead of N15 million, Kizz sent 7.5 million to Ubi.
“When Ubi asked Kizz for the rest of the money, Kizz Daniel told Ubi that the 10% commission was an agreement between Ubi and his [Kizz D] brother and not him. And that he will only offer Ubi 5% which is the N7.5 he had sent him.
“This created a huge argument and Ubi even wanted to take legal actions.
“They used unprinted words on each other and then Kizz Daniel blocked all Ubi’s phone numbers from his phone. Ubi then returned the favour and unfollowed Kizz Daniel on IG.
“Kizz Daniel upon seeing it went ahead and blocked Ubi on IG.”
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