Banky W has said the the controversial 67 million Youth Initiative is free from government funding.

LeadersNG had earlier claimed an investigation on the 67millionyouth Initiative promoters revealed that many of them are proxy working for President Muhammadu Buhari’s re-election bid.

The investigation was said to have further revealed that the sum of Two Hundred Million Naira (N200M) had been budgeted for the project to take off.

The money was reportedly sourced from the NNPC through the SSA to the President on Social Investment Programs, Ismael Ahmed.

Bankole Wellington AKA Mr Banky W was said to have been contracted by President Buhari’s administration to promote the president’s re-election bid under the guise of the 67millionYouth initiative.

Banky W has now reacted to the report sharing a long writeup on Twitter, he wrote;

The 67 Million Youths initiative is 100% free of any government influence” – Banky W

“Those of you sharing the COMPLETELY FALSE accusations about my involvement with #67MillionYouth, should please also share my response. Thanks a bunch”

Banky W earlier this year announced the dissolution of the record label arm of Empire Mates Entertainment (EME), which he co-founded with the son of former Director-General of the Nigerian Civil Aviation Authority, Harold Demuren.

The singer in an Instagram post said, EME’s business venture will now be marketing, advertising, public relations, branding, shooting of television commercials and documentaries.

He named TV personality, Ebuka Obi-Uchendu, OAP Tolu ‘Toolz’ Oniru, wife of Captain Tunde Demuren, DJ Xclusive, and Adesua Etomi as the first set of clients of the rebranded company.


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