N2bn Suit: Davido And Amaju Pinnick Agree To Settle Their Rift Out Of Court

Singer pay N30m to augment Pinnick’s outstanding legal fees and agreed to perform live at the ‘Warri Again 2024 Concert’ in October -as part of the settlement.

Music star, David Adedeji Adeleke (popularly known as Davido) has agreed to settle the breach of contract suit filed against him at the High Court of Delta State Effurun by the Amaju Pinnick-led Brownhill Investment Company Limited out of court.As part of the consent judgement entered in a N2 billion suit filed against him, Davido also agreed to within seven days of execution of the 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.

As part of the out-of-court settlement, the defendant agreed to perform live at the ‘Warri Again 2024 Concert’ slated for  October 4, 2024 in Warri, Delta State.The claimant, had through its lawyer, Kelechi Onwuegbuchulem in suit number EHC/183/2023 prayed the court to award N2 billion as general damages against Davido.

Besides, the claimant is praying the court for N150 million as legal and professional fees, and additional sum N30 million as cost of filing the suit.Listed as defendants in the suit are David Adeleke a.k.a “Davido”, and his music label, Davido Music Worldwide Limited.Consequent upon an extensive discussion and negotiations to have the matter resolved amicably, the parties have mutually agreed to perform at the “Warri Again Concert” edition on October 4, 2024.

In the consent judgment obtained by journalists in Warri yesterday, parties further agreed that the sum of $94,500 which the claimant had already paid to the defendants, will 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.

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