Jude Okoye, the elder brother and former manager of the iconic Nigerian music duo P-Square, recently disclosed a surprising detail about the group’s financial arrangements.
According to Jude, he receives a 40% share of the group’s earnings, while each of the twins, Peter and Paul Okoye, gets 30%.
This revelation has sparked a debate among fans and industry insiders alike, with many questioning the fairness of such an arrangement.
Jude Okoye played a pivotal role in the early success of P-Square, reportedly going as far as selling personal properties to finance the group during its formative years.
“I believed in their talent so much that I was willing to risk everything,” Jude explained in a recent interview. “Without that initial sacrifice, P-Square might not have become the global brand it is today.”
Despite Jude’s significant contributions, the 40% share he continues to receive has become a point of contention.
As the group evolved, some argue that the original profit-sharing agreement might need to be revisited.
“It’s not uncommon for managers to renegotiate their terms as the artists grow,” said a music industry expert. “Typically, managers take a smaller cut, especially when the artists reach a certain level of success.”
The arrangement has also been a source of tension within the family, with rumours suggesting that it contributed to the eventual split of P-Square.
“At some point, the dynamics change, and what once seemed fair may no longer reflect the current realities,” Jude added, hinting at the need for flexibility in such agreements.
As discussions about the fairness of Jude’s 40% stake continue, it remains clear that his role in P-Square’s rise to fame was crucial, though whether this warrants such a substantial share is a matter of ongoing debate.
Peter had accused his brother Jude of secretly funneling millions of dollars in royalties from P-Square’s earnings into a private account.
In a social media post, Peter recounted how he uncovered the existence of a hidden company called Northside Music, established by Jude and his wife, Ifeoma Okoye, which was allegedly used for this purpose.
Peter claimed that, despite confronting his twin brother Paul multiple times about the company and the missing royalties, Paul consistently denied any knowledge of the matter.
“To my shock, the founders and directors of this secret company were none other than JUDE Okoye and his wife, Ifeoma Okoye, and the registered address was the family home of JUDE’s wife,” Peter revealed.
“I knew I had to talk to PAUL about it. I approached him multiple times… Each time I met with him, he denied knowing anything about it.”
Peter shared that his legal team was instructed to target Jude and his wife as the main suspects, deliberately excluding Paul from any legal action.
The situation reached a critical point when Peter, unable to get any clarity from Paul or Jude, decided to report the case to the Economic and Financial Crimes Commission.
