How Davido, Pinnick agreed to settle out of court N2.3bn lawsuit

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Popular Nigerian musician, David Adeleke, aka Davido, and former President of the Nigerian Football Federation, NFF, Amaju Pinnick, have agreed to settle out of a court a lawsuit of breach of contract against the musician filed by Brownhill Investment Company Limited.

Only in October 2023, Pinnick, who owns
Brownhill Investment Company Limited had dragged to court over a breach of contract by Davido for failing to perform at an event tagged, Warri Again, after receiving $94,600.

The suit was filled against the musician by Brownhill Investments Company Limited, marked EHC/183/2023 before the Delta State High Court in Effurun.

The claimant requested that the court grant a sum of N150m for legal and professional fees, along with an additional N30m for the cost of filing the suit against Davido.

Pinnick also mentioned that a chartered plane was organised to transport the singer to Warri, resulting in an additional expenses of $18,000.

However, on Thursday, March 21, 2024, the Delta State High Court approved their request to settle out of court.

As part of the agreement reached, Davido has also agreed to pay the claimant N30 million within seven days of finalising the settlement.

This payment will serve as a partial contribution towards the claimant’s outstanding legal fees.

As part of a resolution reached outside of court, the defendant has agreed to make a live performance at the upcoming ‘Warri Again’ concert on October 4, 2024.

It was also decided that the $94,500, which the claimant had already paid to the defendants, would be considered as payment for the event’s performance.

Also, “The parties have resolved the miscommunication issues that occasioned this dispute and the 1st defendant shall immediately post on his social media platforms including X, Instagram, Facebook, Snap Chat, etc. the following statement:

“All issues regarding ‘Warri Again 2023 Concert’ have been settled between Mr. Amaju Pinnick and myself, and I am happy to announce that I shall be performing live at the ‘Warri Again 2024 Concert’ on 4th October, 2024 in Warri, Delta State.

“The defendants shall, within seven days of execution of these Terms of Settlement, pay the sum of N30,000,000 to the claimant, being a part contribution to the Claimant’s outstanding legal fees in this suit.

“The defendants shall, in view of these terms of settlement, withdraw the appeal filed against the ruling of this honourable court dated 16th January, 2024.

“The claimant shall provide a private jet to convey the defendants, as well as provide accommodation and other logistics for the defendants’ performance at the ‘Warri Again’ concert slated to be held on 04 October 2024.

“These terms of settlement shall be binding on the parties to this suit, their agents, privies, successors in title, or any person or entity howsoever described acting at the behest or authority of any of the parties to this suit, upon adoption of same.

“The parties have agreed that these terms of settlement shall be binding and shall have immediate effect from the date of execution and shall be adopted by the parties’ respective counsel when the matter comes up in court.”