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CYNTHIA MORGAN: Not Honouring Contracts Hurts Musicians And Nigeria’s Economy —Eldee

Most Wealthy Nigerians Can’t Mentor The Youths Because They Simply Got Lucky - Eldee

Nigeran veteran singer, Eldee has reacted to the ongoing drama between Jude Okoye, and his former signee, Cynthia Morgan.

Eldee in a series of tweets reacted by urging everyone not to willingly sign a contract without going through it properly. He stated that if the terms are no longer favorable, the second party has a right to accept terms.

He wrote: ” Don’t willingly sign a contract & then turn around a while later to complain about how you’re being “cheated”. If the terms are no longer favorable, renegotiate, but remember that your partner also reserves the right to accept the terms.

CYNTHIA MORGAN: Not Honouring Contracts Hurts Musicians And Nigeria's Economy —Eldee
Eldee

“You can’t sign a financial agreement and expect to change the terms halfway into the deal, unless that option/clause exists in the agreement to begin with. This idea that it is ok or permissible not to honor contracts/agreements that were made simply because you now feel different or feel more valuable to the partnership is dangerous to any ecosystem that seeks growth.

“How can an investor trust an industry that doesn’t honor simple contracts? Why do you think it’s so difficult to attract investment in so called unstable regions? Do you realize that this is of the primary reasons that a region/system may be classified as “unstable”?”

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