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.

The New CEO of @choccitymusic is @MI_Abaga ! Congratulations to a great leader and partner!

— Audu Maikori (@Audu) June 30, 2015

MI’s label mate, Panshak ‘Ice Prince’ Zamani  moved up the ladder as he was appointed the the new vice president of Chocolate City Music.

The New Vice President at Chocolate City Music is @Iceprincezamani ! Congratulations to you my brother!

— Audu Maikori (@Audu) June 30, 2015

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

From July 1st I shall officially assume the role of President ChocolateCityGroup @choccityGroup. So you can call me “mr President’?(lol)

— Audu Maikori (@Audu) June 30, 2015

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.

Congratulations to co-founder Paul Okeugo who now resumed as Chief Operating Officer Chocolate City Group @pauloflow — Audu Maikori (@Audu) June 30, 2015

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.