In the suit, Pinnick prayed to the court for N150 million as
legal and professional fees with an additional N30 million as the filling cost.
However, both parties agreed to settle the matter out of
court — to which the high court in Delta granted their request on Thursday.
As part of the consent judgment entered in the suit filed
against him, Davido also agreed to within seven days of execution of the terms
of the settlement, pay the sum of N30 million to the claimant, being a part
contribution to the claimant’s outstanding legal fees in this suit.
As part of the out-of-court settlement, the defendant agreed
to perform live at this year’s ‘Warri Again’ concert slated for October 4,
2024.
They also agreed that the sum of $94,500 which the claimant
had already paid to the defendants would be consideration for the performance
at the event.
The parties also agreed as follows: “The parties have resolved the
miscommunication issues that occasioned this dispute and the 1st defendant
shall immediately post on his social media platforms including X, Instagram,
Facebook, Snap Chat, etc. the following statement: “All issues regarding ‘Warri
Again 2023 Concert’ have been settled between Mr. Amaju Pinnick and myself, and
I am happy to announce that I shall be performing live at the ‘Warri Again 2024
Concert’ on 4th October, 2024 in Warri, Delta State.
“The defendants shall, within seven days of execution of
these Terms of Settlement, pay the sum of N30,000,000 to the claimant, being a
part contribution to the Claimant’s outstanding legal fees in this suit.
“The defendants shall, in view of these terms of settlement,
withdraw the appeal filed against the ruling of this honourable court dated
16th January, 2024.
“The claimant shall provide a private jet to convey the
defendants, as well as provide accommodation and other logistics for the
defendants’ performance at the ‘Warri Again’ concert slated to be held on 04
October 2024.
“These terms of
settlement shall be binding on the parties to this suit, their agents, privies,
successors in title, or any person or entity howsoever described acting at the
behest or authority of any of the parties to this suit, upon adoption of same.
“The parties have agreed that these terms of settlement
shall be binding and shall have immediate effect from the date of execution and
shall be adopted by the parties’ respective counsel when the matter comes up in
court.”
