.To pay Pinnick N30m
.Perform at ‘Warri Again 2024’ concert October 4

Popular singer, David Adedeji Adeleke, also 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 judgment 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 million to the claimant, being a part contribution to the claimant’s outstanding legal fees in the 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, through its counsel, 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 an additional sum of N30 million as cost of filing the suit.

Listed as defendants in the suit are 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 released yesterday, parties further agreed that the sum of $94,500, which the claimant had already paid to the defendants, will serve as consideration for his performance at the event.

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 court dated 16th January 16, 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 also 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.

Meanwhile, the suit against Davido’s aide, Israel Afeare, has been fixed for April 26 for continuation of trial.