[CELEB/MUSIC] I spent ₦12M and made nothing: Paul O reacts to Spyro’s mismanagement claim

Businessman Paul Okoye has reacted to Spyro’s claims of having a bitter experience while signed on to his label.I spent ₦12M and made nothing: Paul O reacts to Sypro’s mismanagement claim

In a recent interview, Spyro shared his experience of being signed to businessman Paul Okoye’s One Music Africa Fest label for two years, with little to show for it.

Spyro explained that he initially joined the label because he believed it had the resources to elevate his career. However, during his two years there, he was often left “in tears and crying.”

The singer revealed that the label failed to invest in “Funke,” his collaboration with four-time Grammy nominee Davido and Mayorkun. As a result, he and his business partner were forced to take out loans to promote the song.

In a post on his Instagram story, the businessman shared a picture of some of the payments made in 2017 to promote Spyro including trips to Dubai and the United Kingdom.

The show promoter and socialite shared that he didn’t make any return on his investment but he’s nevertheless happy for Spyro’s success.

While he didn’t deny Paul O’s claims, Spyro insisted that he was honest about his experience at the label.

In a series of posts on his Instagram story, the singer shared that during the label sponsored trip to the UK, he was chased out of his hotel because the label only paid for a night.

He also shared that he saw “hell” in the hands of the label staff who treated him like he had no say despite Paul O’s best efforts to keep them in line.                                                          Despite his bitter experience at the label, Spyro restates his respect and love for Paul O and thanked the businessman for putting him on.