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|Glo Slashes D'banj, Sunny Neji & Pasuma's Endorsement Fees by tpsolomons: 12:58am On Sep 03, 2010|
Telecommunication giants GLO who recently added hiphop stars P SQUARE to their long list of ambassadors have slashed D'Banj's endorsement fee from N70 Million to N40 Million and his contract has lots of clauses due to his face-off with the company during the Rock & Rule concert series organised by Globacom. So far, D’Banj is still the highest paid Globacom ambassador; but it appears he is taking his time before signing a new contract.
In the case of Pasuma and Sunny Neji, their fees have been reduced by 40% and they both seem not to be happy about it. This explains why they shunned the unveiling event and are yet to sign the new contract. They were initially paid N20 Million each for two years but the new contract reads N12 Million for both acts for the next two years. They have made their intentions known about the fees but Globacom seems to have taken their final position on the matter.
The new fees are: P Square - N35 Million for two years and a branded Land Cruiser Jeep which will soon be delivered to them
Basketmouth - N30 Million for two years
Sammie Okposo - N25 million for two years
Ego Ogbaro - N15million for two years
Ramsey Nouah, Kate Henshaw and Chioma Chukwuka-Akpota were signed for N30
million for two years.
Other Nollywood stars were signed for N20 Million for two years or below
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