Papa Ajasco’s claim of being broke untrue, says Wale Adenuga.

Veteran filmmaker and Chief Executive Officer of Wale Adenuga Productions, Wale Adenuga, has firmly refuted claims made by actor Abiodun Ayoyinka, popularly known as Papa Ajasco, that he is experiencing financial hardship.

The controversy emerged after Ayoyinka publicly suggested that he was struggling financially despite his long-standing role in the widely known television series Papa Ajasco and Company. His remarks generated widespread reactions, prompting Adenuga to respond and clarify the situation.

In his reaction, Adenuga described the claims as inaccurate and misleading, insisting that the actor has not been restricted from pursuing income-generating opportunities outside the production. He explained that while Ayoyinka is free to engage in advertising and other professional ventures, there are established guidelines requiring prior approval when such engagements involve the use of the “Papa Ajasco” identity. According to him, this policy is necessary to safeguard the integrity and reputation of the brand.

Adenuga emphasized that there has been no significant dispute between him and the actor, adding that Ayoyinka remains a valued figure associated with the franchise. He noted that the actor’s resemblance to the original Papa Ajasco character, which he created decades ago, contributed significantly to his casting and enduring presence in the series.

Providing further context, Adenuga highlighted Ayoyinka’s background outside the entertainment industry, pointing out that he had a long and stable career as a civil servant with the Lagos State Government spanning over three decades. During that time, he was actively involved in the state’s cultural troupe and built a reputation that extended beyond television. He also noted that Ayoyinka has since retired from public service.

Addressing allegations of neglect, Adenuga stated that the production company has consistently supported its actors over the years. He cited instances where Ayoyinka benefited from material support, including the provision of vehicles, and indicated that the actor has had access to multiple personal assets. He also mentioned that, to his knowledge, Ayoyinka owns property, further questioning the narrative of financial distress.

On the issue of brand usage, Adenuga reiterated that the restriction on using the “Papa Ajasco” name for personal commercial activities is not unique to Ayoyinka but applies broadly as part of efforts to protect the intellectual property associated with the production. He stressed that this does not prevent actors from pursuing independent careers, but simply ensures that the brand is not misused in ways that could harm its image.

He also pointed out that involvement in the television series is not a year-round commitment, noting that production typically spans only a few weeks annually. This, he explained, gives cast members ample time to engage in other professional or business activities throughout the year.

Questioning the basis of Ayoyinka’s claims, Adenuga raised concerns about how the actor has managed his earnings over the years, including benefits accrued during his lengthy civil service career. He suggested that financial planning and personal decisions outside the scope of the production company may be relevant factors.

Despite the controversy, Adenuga reaffirmed his commitment to maintaining cordial and professional relationships with all members of the cast. He expressed appreciation for the public’s interest and concern, while reiterating his dedication to preserving the legacy and standards of a production that has remained a staple of Nigerian television for decades.