Nigerian rapper Jude Abaga, popularly known as M.I Abaga, has claimed that internet fraudsters, often referred to as “Yahoo Boys,” are funding many Nigerian artists, a statement made during a recent interview with Hip TV. The veteran artist, reflecting on the music industry’s evolution, suggested that the influx of wealth from cybercrime has become a significant financial lifeline for some musicians, enabling lavish lifestyles and music video productions. M.I did not name specific artists but highlighted the trend as a cultural shift, noting, “The money coming from these activities is shaping the industry more than we’d like to admit.” He urged young artists to seek legitimate income sources to sustain their careers long-term.
M.I’s statement sparked debates online, with some supporting his view by pointing to the flashy displays of wealth in music videos, while others argue it’s an oversimplification. The rapper, known for his advocacy of integrity in hip-hop, emphasized the need for the industry to address this funding source to protect its global reputation, especially as Nigerian music continues to gain international acclaim.
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