Exim Bank didn’t pay Shatta Wale enough - Bullgod

Bullgod says the GHC 2 million Rumoured to have been Paid to Shatta Wale is not nearly enough for his artiste based on relevance

Exim Bank didn’t pay Shatta Wale enough - Bullgod
Shatta Wale and his Shatta Movement crew

Ghanaian artiste manager, Bullgod has stated that his artiste, Shatta Wale deserves more than he has allegedly gotten from Exim Bank.

According to him, Shatta Wale is currently the biggest artiste in Ghana so he deserves to be treated with the same kind of reverence.

This follows after Shatta Wale's fans raised the issue that the money being paid to their superstar for being the brand ambassador of the financial exports company called Exim Bank is not nearly befitting of his status.

The fans were reacting to Kumbugu MP, Ras Mubarak’s claim at a Public Accounts Committee meeting that Exim Bank had paid Shatta Wale and actor Agya Koo Gh¢2 million for a brand ambassadorial deal.

The MP had stated that he cannot fully understand why a huge sum of money was paid to an ordinary artiste when the country is still struggling with the effects of Covid-19.

Although Exim Bank has released a press statement that they have not paid Agya Koo and Shatta Wale that sum of money for the deal, they admitted that they had recruited the services of the two artistes.

Head of Corporate Affairs at Exim Bank, Richard Osei Anane told Evans Mensah on Newsnight Thursday that the campaign was not rolled out, but put on hold after the coronavirus pandemic hit the country. He explained that the contract signed requires the bank to pay them 15% of their agreed money upfront and pay the rest throughout the year based on their delivery.



Exim Bank confirms brand ambassador contracts with Shatta Wale, Agya Koo


“We even launched the program belatedly on August 30. Indeed we have signed a contract with the two artistes they have not even started their roles.”

“This is a one year contract and we have not even started. I can’t disclose the amount because of the contractual agreement but I can tell you that we have passed through the procurement agreement to arrive at where we are.” 

Bullgod was quick to echo the sentiments of the fans in an interview on an Accra-based radio station. 

"He [Shatta Wale] deserves more. This is a gentleman that in recent times had a collaboration with the biggest artist in the world, Beyoncé, and it takes a lot of effort and amount of work to travel this far too actually get the collaboration.”

“I mean not to downplay any of the artists in our space, I mean anyone could have gotten that but thankfully for us, it came to us”, he said. 

"I mean thanks for the work we have done so far if you look at the metrics, Shatta is an artist that has the following, the numbers you can’t take that away from him”.

“A brand ambassador picked by Exim Bank is doing a service for the nation, not for themselves.”

“Now Blackstars every player is paid to serve the country an artist or entertainer should also get paid for their work. The result is for the whole Ghana.,”He concluded.