Media personality Nedu Wazobia has explained why he left The Honest Bunch podcast, saying an ownership issue, not the controversy surrounding him, was the real reason for his departure.

In a recent video shared on X, Nedu said many Nigerians believed he quit because of last year’s controversy, but that was not the case.

“Pretty much every Nigerian thought I left because of what happened last year, but that wasn’t why I left. Now, I started ‘Honest Bunch’, it wasn’t called the Honest Bunch. When I started the podcast, I was on the radio. I needed an outlet where I could talk and say my mind,” he said.

Verbal agreement turned into a dispute

Nedu said he pitched the podcast idea to a production company and suggested they share all earnings equally.

“So I went to a person who was running the place. I called him, and we agreed to meet in a particular place. So the day I was going, the guy who was working with me then, Chudy, I told him to come with me. And there is another guy, Austin. So we went there together. We sat down and told him This is my idea, and this is what I want. He said, ‘Okay, how do we do it. I said, ‘How it is going to work is you have a production house, the cameras, the team, my own is just to sit down and talk.’”

He said they relied on a handshake instead of signing a contract.

“I had the idea, and I said, ‘Okay, let’s do it 50/50.’ So we shook hands. Anything that comes in, I take 50 percent and you keep 50 per cent. It was a gentleman’s agreement. That was where I made the mistake,” he said.

CAC search changed everything

Nedu said things changed after he was told the team planned to suspend him during the controversy.

“When they were dragging me like a tiger generator for something that I know 150% innocent, off wey some people wey dey around there know everything. I’m not going to mention names. They said something ‘Nedu, we are going to put out a statement that we are suspending you from the show.

“In my head, I am like, so what now? Show wey I get? You dey craze? You dey give landlord ‘quick notice’? The next day, they now searched at CAC, know found out that when they were registering the honest bunch, they registered it as one hundred per cent their product. I didn’t want to leave. I was going to wait for it to die down, but when I now saw that it was a hundred per cent their product, I’m like no, na him be say I know fit.