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Whitemoney Says He Pays His 150 Employees Five Years In Advance

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Whitemoney pays his 150 employees 5 years in advance | Fab.ng

Reality TV star Whitemoney, whose real name is Hazel Oyeze Onou, recently surprised fans with a revelation about his business practices. In an interview with Echoo Room, Whitemoney claimed to have a whopping 150 employees on his payroll! That’s a significant number of people who rely on him for their income.

But here’s the even more surprising part: Whitemoney says he doesn’t believe in the traditional monthly pay cycle. According to him, he actually pays his staff members their salaries up to five years in advance! This might sound unbelievable, but Whitemoney explained his reasoning behind this unconventional approach.

He says that by pre-paying his employees, he avoids the hassle and stress of managing monthly payroll. Imagine the administrative burden of processing payroll for 150 people every month. Whitemoney seems to believe that pre-paying eliminates that headache entirely.

The host asked, “I’ve heard that you pay staff members a couple of years in advance; five years, three years in advance. Is this true?”

Whitemoney replied, “To be honest, it is. I operate on that system because it helps me take my mind off things. The way I set up my system is because I’m versatile; I do a lot of things, and I can easily get carried away. Currently, I have 150 staff members.”

Of course, some questions naturally arise from this revelation. For instance, how does Whitemoney manage his cash flow if he’s essentially giving out large sums of money upfront? Is there any kind of contract or agreement in place to ensure his employees fulfil their job duties for the entire five-year period after receiving their salaries? These are details Whitemoney hasn’t publicly addressed yet.

One thing’s for sure, Whitemoney’s approach to payroll is certainly unconventional. While it might work for him and his specific business model, it’s not likely a strategy that could be easily replicated by everyone.

Watch the video clip below.

Check out more entertainment news here.

 

ENTERTAINMENT

Enough Is Enough – Obi Cubana Reacts As VDM Drags Iyabo Ojo & Paulo Okoye

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Obi Cubana reacts as VDM Shades Iyabo Ojo... | Fab.ng

Obi Cubana, a well-known Nigerian businessman, is throwing water on a heated online argument between talent manager Paulo Okoye, actress Iyabo Ojo, and social media commentator Very Dark Man (VDM). The drama started when VDM made a bold accusation about celebrities who attended Davido’s wedding. He claimed these celebrities weren’t invited to the wedding itself, but only to the after-party.

This accusation specifically targeted actress Iyabo Ojo and talent manager Paulo Okoye. VDM essentially implied that Ojo wasn’t important enough to be invited to the main event.

Paulo Okoye, understandably upset by the accusation hurled at his partner, took to Instagram to defend Ojo. He issued a warning to VDM, telling him to stop spreading rumours and disrespecting his partner.

VDM, known for his controversial online persona, did not take kindly to being called out. The situation escalated quickly. VDM threatened to expose some negative information about Paulo Okoye if he didn’t back down.

Seeing this online feud unfold, Obi Cubana decided to intervene.

He aimed at blogs and online platforms that promote content where young people disrespect their elders. Cubana emphasized his belief that this type of behaviour is unacceptable and shouldn’t be given a platform. He exemplified this with VDM’s comments towards Okoye and Ojo. Also, he urged these online outlets to stop encouraging such negativity and disrespect.

He said, “Dear blogs, pls stop giving visibility to youth insulting elders! You enable them! We can’t continue to enable rubbish!! Stop, pls!!”

Obi Cubana wasn’t the only one stepping in to address the online fight. Skitmaker Sabinus also gave his thoughts on the situation. Sabinus pointed out that social media can sometimes make people forget about basic social boundaries. Also, he highlighted the importance of respecting others, regardless of their age or online presence.

Indeed, Obi Cubana’s intervention points to a growing concern in Nigerian society about the rise of online bullying and disrespect. This particularly comes from younger generations towards established figures.

Get more updates here.

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ENTERTAINMENT

Don Jazzy Opens Up On Why He Hasn’t Remarried

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Don Jazzy Opens Up On Why He Hasn't Remarried | Fab.ng

Nigerian music icon Don Jazzy gave a glimpse into his personal life during a recent social media session with fans. On Thursday, June 26th, Don Jazzy treated fans to an interactive session. One question from a fan particularly sparked a lot of curiosity: why aren’t you married?

Don Jazzy delivered a thoughtful response.

He revealed that he’s currently prioritizing self-improvement and isn’t ready for marriage again yet. This answer resonated with many fans who admire Don Jazzy’s dedication to his craft and his commitment to personal growth.

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ENTERTAINMENT

5 Things You Should Know About Chioma, Davido’s Wife

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Chioma: 5 things you should know about Davido's wife | Fab.ng

Popular singer Davido is finally tying the knot with his longtime girlfriend Chioma, according to buzzing online reports. This news is sure to excite fans who have been following their relationship for years.

Davido and Chioma’s love story has been a long one, blossoming over the past decade. Chioma has become a household name in Nigeria and among fans abroad. Known for her unwavering support, Chioma has been by Davido’s side through thick and thin. Fans have watched her consistently cheering him on, never wavering in her dedication.

Beyond her supportive role, Chioma has also carved her own path. She’s affectionately known as Davido’s “Nwa Baby” and they share children. But Chioma’s influence extends beyond her family life. She’s become a fashion icon, inspiring many with her ever-evolving style. Fans love seeing her stunning outfits and how she puts them together, making her a trendsetter in her own right.

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