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Chocolate City Boss Mouns Mohbad’s Death As A Profound Setback To The Music Industry
Chocolate City Boss Mouns Mohbad’s Death As A Profound Setback To The Music Industry....KINDLY READ THE FULL STORY HERE▶
The Chief Executive Officer (CEO) of one of Nigeria’s prominent record labels, Chocolate City Group, Abuchi Peter Ugwu, expressed deep sorrow over the untimely demise of Promise IleriOluwa Aloba, known as Mohbad, describing the young musician as a remarkable talent in the music industry.
Mohbad’s unexpected passing has sparked a flurry of emotions and discussions on social media since last Tuesday when the news broke. The circumstances surrounding his death, coupled with revelations from his associates, have caused unrest and led admirers and concerned celebrities to launch the #JusticeforMohbad campaign.
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These individuals are calling on law enforcement agencies, particularly the police, to thoroughly investigate the matter and hold the suspected individuals, including Singer Naira Marley and associates from the Marlian Music label, accountable for their actions.
In an interview with ‘The Big Issue’ on Tuesday evening, the top executive of Chocolate City Group weighed in on this matter and various industry-related topics. He assured the public that the police authorities were actively handling the case and called for patience as the nation and stakeholders await the investigation’s outcome.
“The loss of Mohbad is a significant blow to the industry because he was a talented artist with immense potential to rise to stardom in the Street Hop genre of Nigerian music. While I don’t have all the details, I am familiar with his manager, and the tragic passing of this Street Hop singer is truly heart-wrenching, and my condolences go out to his family. We hope to avoid such sad events in the future, and I believe there are better ways for music labels to handle their signees without resorting to alleged victimization, as we have heard from various sources,” stated the music executive.
Addressing the need for conflict resolution between promoters and artists, the CEO of Chocolate City, whose label recently celebrated its 20th anniversary, emphasized the importance of dialogue.
Ugwu stressed that record labels, which should prioritize the interests of their signees, should adopt peaceful approaches to maintain harmony.
“Artists are signed to their record labels for the label to recoup its investment after investing in the artists. When conflicts arise, peaceful resolution through dialogue is always the best approach, and I urge all parties – record label owners and their signees – to embrace dialogue as a means of resolving conflicts, as fighting won’t solve the issues,” Ugwu reiterated.
Mohbad, formerly signed to Marlian Records music label, owned by street hop singer Naira Marley, tragically passed away under controversial circumstances last week Tuesday. Accusations have been made against his former record label, which is alleged to have mistreated him for leaving the label, a situation believed to have contributed to his sudden demise.
Sources have confirmed that approximately ₦500 billion was deducted from the May 2026 Federation Account Allocation Committee (FAAC) revenue to support an emergency national security intervention. This deduction occurred prior to the distribution of monthly revenue among the Federal Government, states, and the 774 local government councils.....KINDLY READ THE FULL STORY HERE▶
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Senior officials noted that this deduction accounts for a significant portion of the disparity between total gross revenue and the final distributable amount.
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While official communiqués did not itemize the specific deductions under transfers and refunds, sources confirmed that the security allocation was part of the adjustments made before distribution.
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State commissioners of finance, who serve on the FAAC, are reportedly aware of this deduction.
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Additional documents indicate other major deductions, including ₦250 billion for a Military Intervention Fund, ₦252 billion for an Infrastructure Development Fund for states, and ₦450 billion for the Non-Oil Excess Revenue Account, totaling ₦952 billion in pre-distribution deductions.
Overview of May 2026 Revenue
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FAAC announced a total distribution of ₦2.3 trillion to the various tiers of government for May 2026, marking a ₦43 billion increase from the previous month.
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The total gross revenue for May was reported at ₦3.395 trillion, from which ₦123.546 billion was taken for collection costs and ₦971.610 billion for transfers and refunds.
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Final disbursements included ₦818.680 billion for the Federal Government, ₦759.141 billion for state governments, ₦534.277 billion for local councils, and ₦188.132 billion for oil-producing states as 13% derivation revenue.
Context of Security Challenges
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This financial intervention occurs as the administration faces continued pressure to address widespread insecurity, including insurgency, banditry, kidnappings, and oil theft.
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President Bola Tinubu’s administration maintains that national security is a prerequisite for economic and social stability, having consistently increased defense funding and military procurement since taking office in May 2023.
On Thursday, the Federal Government inaugurated a Presidential Task Force on Ebola Virus Disease Preparedness to ensure the nation remains proactive rather than reactive. Chief of Staff to the President, Femi Gbajabiamila, confirmed that while there are currently zero reported cases of Ebola in Nigeria, the government is committed to maintaining this status by shifting the focus from curative measures to prevention. Gbajabiamila emphasized that the government aims to avoid the chaotic response seen during the 2014 outbreak.....KINDLY READ THE FULL STORY HERE▶
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Coordinated Surveillance: The task force has established subcommittees to manage emergency responses, immigration, and surveillance, with collaboration from state governors representing Lagos, Rivers, Enugu, and the Federal Capital Territory.
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Border Vigilance: Beyond monitoring airports, the government is placing significant emphasis on securing land borders to address risks associated with informal migration routes, involving the Border Control Development Agency and immigration services.
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NCDC Preparedness: Dr. Jide Idris, Director-General of the Nigeria Centre for Disease Control and Prevention (NCDC), stated that surveillance systems at all major entry points have been strengthened.
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Rapid Response Framework: Although the primary objective is to prevent the virus from entering the country, the NCDC is upgrading emergency response systems to ensure that any potential case can be rapidly identified and managed.
This multi-sectoral approach involves the ministries of health, interior, and education, as well as border control agencies and state governments, all working in unison to address potential Ebola-related threats.
The Nigerian Army has officially refuted social media claims alleging that Lieutenant Colonel Emmanuel Gabriel Okoye, the late Commanding Officer of the 20th Model Battalion, was killed during a bandit attack. According to a statement released on Thursday by Lieutenant Umar Muhammad, the Acting Assistant Director of Army Public Relations for the 6 Brigade, the officer actually passed away on June 13, 2026, following a brief illness.....KINDLY READ THE FULL STORY HERE▶
Describing the online reports as both “misleading and inaccurate,” the Army emphasized that his death was not connected to any operational incident or banditry. The military expressed strong disapproval of the speculation, labeling it insensitive to both the grieving family and the institution. Furthermore, the Army warned that spreading such unverified narratives undermines public confidence and creates unnecessary anxiety among military personnel, their families, and the broader public.
The 6 Brigade urged the public and media to disregard these false reports and instead rely on official military channels for accurate information regarding personnel matters. In closing, the Army honored the late officer for his dedicated and professional service to the nation, extending its condolences for his passing.
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