Nigerian music and entertainment company Dapper Music has issued an official response to allegations made by rapper Shari Popi accusing the label of breach of trust and financial mismanagement following his separation from the company.
In a statement shared on social media, Sharipopi (real name Clown Uzama) said Dapper Music had failed to provide transparency regarding his financial records and pressured him into signing a publishing deal with its subsidiary, Dvpper Digital. He claimed to have come. He also claimed that he was unknowingly owed a permanent loss of 30% of his income.
Dapper Music has categorically denied these accusations, calling them “extremely disappointing, shocking and baseless.” The company emphasized that all contracts provided to artists are presented with complete clarity and transparency, ensuring that each artist has legal representation to protect their interests.
Addressing the allegations of financial opacity, the label has fully cooperated with Charipopi and its auditors, including convening a meeting on Monday, December 9, 2024 to address the “CAST” hitmaker’s financial statement requests. He said that Dapper Music added that it has consistently fulfilled its obligations with integrity and candor.
Regarding the alleged 30% of revenue, the company clarified that there is no such clause in Sharipopi’s contract. In exchange, the rapper happily agreed to 30% management costs, an industry standard rate.
Dapper Music expressed disappointment at what it called a “premeditated attack” on the label, attributing it to “falsities by agents jealous of the company’s success.” The company reaffirmed its commitment to operating its business with integrity and said it was prepared to seek legal remedies to protect its reputation.
This development follows Sharipopi’s public announcement of her departure from Dapper Music (as reported here), citing irreconcilable differences. The situation has sparked a debate within the music industry about the relationship between artists and labels and the importance of contractual transparency.
