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Entertainment of Tuesday, 26 May 2020

Source: www.mynigeria.com

If a company offers you a shit deal, do not sign it- Eldee

Eldee Eldee

Nigerian singer, Lanre Dabiri is also known as Eldee has a few words of advice for young artistes regarding contract signing.

Using his Twitter account to educate professionals in the music industry, he advised artistes not to sign shitty deals. He said once the artiste doesn't fully understand the deal, they should get a lawyer to help.

"If a company offers you a shit deal, DO NOT sign it. Once you decide to sign it, you have to honor it. Not doing so hurts everybody in the system.

"If you're not sure what the terms and clauses mean, GET A LAWYER who can interpret the terms. If considered favorable at the time of signing, know that it is binding once you do sign. There's no turning back." the rapper said.

He said it was wrong to sign a contract and play the victim. He also added that it was not sustainable to keep changing contracts in the middle of negotiations.

"Don't willingly sign a contract and 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 new terms.

"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," he explained.

The record producer said artistes who fail to honour agreements give the industry a bad name and Nigeria as a whole.

"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 one of the primary reasons that a region/system may be classified as "unstable"?

"It's really easy to get carried away with emotions, emotions that are based mostly on he said she said. We are doing more harm than good to the industry whenever we support rhetorics that suggest unfairness, especially when the agreements were made under no form of duress," he argued.

Eldee wasn't done. He went further.

"In conclusion, know that every time we get on the internet and tell the rest of the world that We believe it is okay not to honor contracts, we are hurting ourselves and our economy."