Veteran filmmaker and CEO of Wale Adenuga Productions, Wale Adenuga, has rejected claims of financial hardship made by actor Abiodun Ayoyinka, describing the assertions as inaccurate.
Ayoyinka, widely recognised for his role in the long-running television series Papa Ajasco and Company, recently sparked reactions after alleging he was facing financial difficulties despite years in the industry.
Responding in a statement on Wednesday, Adenuga said he initially interpreted the viral video as part of the actor’s comedic persona.
He noted that he assumed the content was a creative extension of the Papa Ajasco character, adding that he was pleased the actor appeared to be leveraging social media successfully.
However, Adenuga expressed concern over what he described as widespread misinformation and emotional reactions following the interview. He explained that his response was necessary to protect the reputation of the brand built over decades.
Providing background on Ayoyinka’s career, Adenuga highlighted the actor’s long service in the Lagos State civil service, where he worked for over 30 years and participated actively in the state’s cultural troupe.
He added that the actor only recently retired and, during his time in service, often required official clearance before participating in film productions.
Adenuga described Ayoyinka as a talented performer who closely resembles the original Papa Ajasco character he created in 1976. He also maintained that their professional relationship remains cordial, with no unresolved disputes.
Addressing claims of neglect, the producer said the company had supported the actor over the years, including providing him with vehicles and access to others. He also stated that, to his knowledge, Ayoyinka owns a house in Ogun State.
On brand management, Adenuga clarified that the “Papa Ajasco” name is protected and cannot be used freely for personal ventures. However, he noted that actors are allowed to take on external jobs once they obtain approval from the production company.
He further questioned the basis of Ayoyinka’s claims, pointing to his decades of public service and asking what became of his earnings and retirement benefits.
Adenuga emphasised that his organisation meets industry standards in compensation and fulfils all financial obligations, dismissing any suggestion of exploitation or abandonment.
The development has generated renewed attention around the welfare of actors and the management of long-standing entertainment brands in Nigeria.
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