Ayoyinka had earlier stated in an interview that despite decades of fame from the popular television series “Papa Ajasco and Company,” he struggles financially and lacks basic assets such as a personal house and car.
Reacting to the claims, Adenuga clarified that the actor is not an employee but operates under a contractual arrangement for the production.
According to him, actors in the series are paid per episode based on agreed terms, and payments have been reviewed over time.
Adenuga further explained that the structure of the production does not make actors permanent staff, emphasizing that engagements are project-based.
He noted that while Ayoyinka may have personal financial challenges, it is inaccurate to attribute such circumstances solely to the production or its payment system.
The producer also highlighted that the “Papa Ajasco” brand is a registered intellectual property under his company, meaning its use outside the production requires authorization.
The development follows widespread reactions on social media after Ayoyinka disclosed details of his earnings and personal struggles, sparking debate over welfare and compensation in Nigeria’s entertainment industry.
Adenuga maintained that all contractual obligations have been duly met and that the portrayal of exploitation in the narrative is not correct.
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Wale Adenuga has dismissed Papa Ajasco actor’s claims of financial hardship as misleading, stating that actors are paid per episode under agreed contractual terms. Veteran producer Wale Adenuga has described recent claims by actor Abiodun Ayoyinka, popularly known as Papa Ajasco, about being broke as misleading.Ayoyinka had earlier stated in an interview that despite decades of fame from...
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- Wale Adenuga has dismissed Papa Ajasco actor’s claims of financial hardship as misleading, stating that actors are paid per episode under agreed contractual terms.
- Veteran producer Wale Adenuga has described recent claims by actor Abiodun Ayoyinka, popularly known as Papa Ajasco, about being broke as misleading.Ayoyinka had earlier stated in an interview that despite decades of fame from the popular television series “Papa Ajasco and Company,” he struggles financially and lacks basic assets such as a personal house and car.Reacting to the claims, Adenuga clarified that the actor is not an employee but operates under a contractual arrangement for the production.According to him, actors in the series are paid per episode based on agreed terms, and payments have been reviewed over time.Adenuga further explained that the structure of the production does not make actors permanent staff, emphasizing that engagements are project-based.He noted that while Ayoyinka may have personal financial challenges, it is inaccurate to attribute such circumstances solely to the production or its payment system.The producer also highlighted that the “Papa Ajasco” brand is a registered intellectual property under his company, meaning its use outside the production requires authorization.The development follows widespread reactions on social media after Ayoyinka disclosed details of his earnings and personal struggles, sparking debate over welfare and compensation in Nigeria’s entertainment industry.Adenuga maintained that all contractual obligations have been duly met and that the portrayal of exploitation in the narrative is not correct.
- This story is filed under News on Glow 99.1 FM.
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What is this story about?
Wale Adenuga has dismissed Papa Ajasco actor’s claims of financial hardship as misleading, stating that actors are paid per episode under agreed contractual terms. Veteran producer Wale Adenuga has described recent claims by actor Abiodun Ayoyinka, popularly known as Papa Ajasco, about being broke as misleading.Ayoyinka had earlier stated in an interview that despite decades of fame from...
Who published this story?
Glow 99.1 FM published this story with Oyebade Oluwatobiloba listed as author.
When was it published?
August 10, 2026
