BREAKING NEWS
Breaking

728x90

468x60

N2.3bn suit: Davido settles case with Pinnick, to perform at Delta concert



Davido, the award-winning singer, has agreed to settle the breach of contract suit filed against him by the Amaju Pinnick-led Brownhill Investment Company Limited out of court.

 

In October 2023, Pinnick, the former president of the Nigeria Football Federation (NFF), filed a lawsuit against Davido, and Davido Music Worldwide (DMW), his music label, at the high court in Effurun, Delta.

 

In the suit, Davido was accused of a breach of contract after he failed to perform at the 19th edition of the ‘Warri Again’ concert — despite receiving the fees he demanded.

 

Pinnick, who is currently an executive of the world football governing body FIFA, said the ‘Timeless’ hitmaker received $94,600 to perform at the event.

 

He also said a chartered plane was arranged to convey the singer to Warri, which cost the state another $18,000.

 

In his reaction, the music star taunted Pinnick, prompting a N2.3 billion lawsuit against him.

 

In the suit, Pinnick prayed to the court for N150 million as legal and professional fees with an additional N30 million as the filling cost.

 

However, both parties agreed to settle the matter out of court — to which the high court in Delta granted their request on Thursday.

 

As part of the consent judgment entered in the suit filed against him, Davido also agreed to within seven days of execution of the terms of the settlement, pay the sum of N30 million to the claimant, being a part contribution to the claimant’s outstanding legal fees in this suit.

 

As part of the out-of-court settlement, the defendant agreed to perform live at this year’s ‘Warri Again’ concert slated for October 4, 2024.

They also agreed that the sum of $94,500 which the claimant had already paid to the defendants would be consideration for the performance at the event.

 

The parties also agreed as follows:  “The parties have resolved the miscommunication issues that occasioned this dispute and the 1st defendant shall immediately post on his social media platforms including X, Instagram, Facebook, Snap Chat, etc. the following statement: “All issues regarding ‘Warri Again 2023 Concert’ have been settled between Mr. Amaju Pinnick and myself, and I am happy to announce that I shall be performing live at the ‘Warri Again 2024 Concert’ on 4th October, 2024 in Warri, Delta State.

 

“The defendants shall, within seven days of execution of these Terms of Settlement, pay the sum of N30,000,000 to the claimant, being a part contribution to the Claimant’s outstanding legal fees in this suit.

 

“The defendants shall, in view of these terms of settlement, withdraw the appeal filed against the ruling of this honourable court dated 16th January, 2024.

 

“The claimant shall provide a private jet to convey the defendants, as well as provide accommodation and other logistics for the defendants’ performance at the ‘Warri Again’ concert slated to be held on 04 October 2024.

 “These terms of settlement shall be binding on the parties to this suit, their agents, privies, successors in title, or any person or entity howsoever described acting at the behest or authority of any of the parties to this suit, upon adoption of same.

 

“The parties have agreed that these terms of settlement shall be binding and shall have immediate effect from the date of execution and shall be adopted by the parties’ respective counsel when the matter comes up in court.”

Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

No comments

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com