Chocolate City announces MI as the new the CEO

After being the chief executive officer of one of the prominent hip hop record label in the country, Chocolate City Music for 10 years, Audu Maikori has stepped down, paving way for the appointment of the label’s most visible artist, Jude ‘MI’ Abaga as the new CEO.

The announcement was made by Maikori himself via his Twitter handle on Tuesday.Maikori himself became the president of Chocolate City Group (CCG), a parent company of Chocolate City Music as from July 1, 2015. CCG has other business arms including Chocolate City Distribution, Chocolate City Events and Chocolate City Media.

Other appointment announced by the music label was of Paul Okeugo who became the chief operating officer of CCG. Hakeem Bello Osagie and Yahaya Maikori are expected to be part of the board of CCG.

The new appointments became necessary as the group plans to spread its tentacles across Africa.

Chocolate City was established 10 years ago by Audu Maikori, Yahaya Maikori and Paul Okeugo.  In 2012, Hakeem Bello-Osagie joined the board of Chocolate City Group as its Chairman.

While MI and Ice Prince are  the soar-away artists of the label, it has, however, 15 artists on its bill including Afrobeat legend Femi Kuti, returning Jesse Jagz, DJ Caise, Pryse, Nosa, Victoria Kimani, Dice Ailes,  and Koker. Others are Kahli Abdu and VHS Safari, DJ Lambo, Loose Kaynon, Ruby Gyang and Milli.

In ten years of its existence, the label and its artists have won over 250 individual awards and with 10 albums released.