Veteran Nigerian rapper, Jude Abaga, popularly known as M.I, has bemoaned how the Nigerian music industry is funded by the West and from fraud.

Speaking during a recent appearance on the ‘So Nigerian’ podcast, he claimed that a lot of artistes are being funded from fraud.

According to him, it's an indictment on Nigeria that the major source of funding in the music industry is from the West and fraud, stressing that something is wrong, and needs to be done to solve it.

“There’s a lot of controversies when people talk about Yahoo Yahoo, because a lot of artists that is the funding that they have. What I’m trying to say is that, it’s an indictment on our country that we have such talented musicians and that the major funding for the industry comes from the West and the fraud industry. It’s an indictment. It shows that something is wrong. Hopefully, we can do better.”