Real reasons Olamide rejected D'banj offer to join DB Records

For a while now, D'Banj and his management team
have been planning to sign in rapper Olamide to the
his label, however, Olamide turned down the Koko
master's offer, preffering to roll alone for now.
Olamide, who does not want to play the fool at this
phase of his career, politely told D'Banj that he was
not ready to surrender some of his powers, especially
having to be booked for shows only by D'Banj's
management outfit, pleaded for time to even think
about the offer as he still wants to work with his
present team and taking things as they come for
now.
He believes that for now, there is nothing D'BANJ
could do for him that he can't do by himself.
In the future, I will consider his offer. If anybody
wants me, he should have unfettered access to me. I
am just starting out in the profession', he allegedly
told close friends.
"Apparently, he would have been blocked from
having direct access to his clients and that will
reduce his share from his appearance fees. He does
not like the bottle necks and some terms that will
make it difficult for him to be reached all because
D'Banj wants his value to rise. That may happen, but
what eventually gets to Olamide will be peanuts", A
source disclosed
He added that the success that Olamide is enjoying
now informed his decision to opt out of the deal
because there is nothing, apart from management
offer, that he stands to benefit from.
"Olamide can be easily reached by anybody and his
fees are still okay. The moment he signs the deal, he
will be getting fewer shows, though huge fees, but
will lose many of his grassroot fans to the elitist
crowd D'Banj belongs" he added.
Since D'Banj couldn't have the "Ode Lon Like"
crooner, he has reportedly reached out to
Durella
Source: Kemi Filani