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‘His money-making strategy has worked’ – Wale Adenuga denies ‘Papa Ajasco’s’ impoverishment claims

Femi Ashaolu by Femi Ashaolu
March 18, 2026
in Entertainment
‘His money-making strategy has worked’ – Wale Adenuga denies ‘Papa Ajasco’s’ impoverishment claims
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Veteran filmmaker and producer, Wale Adenuga, has debunked claim by actor Abiodun Ayoyinka that he did not receive commensurate financial pay for years on the iconic comedy show, Papa Ajasco and Company.

Recall that Ayoyinka, popularly known for his role as Papa Ajasco, had in a recent interview alleged that trademark of the character he played, limited his opportunities outside the long-running comedy series.

In a rebuttal, however, Adenuga said his initial reaction to the trending video of Ayoyinka was one of surprise.

“My first impression when I watched the Papa Ajasco video now trending on the internet and local TV channels was ‘Okay, so this guy has taken Papa Ajasco comedy into the public space?” he asked.

A statement by the chairman of the Wale Adenuga Productions dismissed allegations of exploitation and financial neglect by the actor, describing such narratives as “entirely false and misleading.”

“It is all well and good. I am happy for him, as his money-making strategy using social media has apparently worked for him.”

While acknowledging Ayoyinka’s talent and contribution, Adenuga stressed that the “Papa Ajasco” brand remains legally protected.

“He cannot use the copyrighted brand name Papa Ajasco for personal ventures because it is our duty to protect the brand from inappropriate usage that could damage its reputation,” he said.

He further clarified that the actor is not restricted from taking up other jobs: “He has not been barred from accepting advert jobs… all that is required is to seek official approval from WAP. This is part of brand protection.”

Adenuga went on to highlight Ayoyinka’s background as a retired civil servant, noting that he served over three decades with the Lagos State Government.

He also disclosed that the actor had benefited from several incentives over the years.

“On the car issue, we once gave him a car and Pa James as well. He has also used not less than five cars, including a Mercedes-Benz, at different times,” Adenuga stated.

Questioning claims of financial hardship, he asked: “Why is Abiodun Ayoyinka claiming to be broke? Where are the investments from his over 30 years of meritorious service… What happened to his gratuities?”

Adenuga also noted that other cast members of the series, including Pa James and other popular characters, continue to take on independent roles outside the show.

He explained the production structure, saying: “Abiodun Ayoyinka and other artistes in the TV show are on our set for six weeks in a whole year, thereby availing them enough time to pursue other endeavours.”

He added that within that period, “we record enough episodes to last for a year.”

Reaffirming the company’s reputation, Adenuga stated: “Wale Adenuga Productions has remained reputable over the years.The organisation pays according to industry standards and ensures all financial obligations are fulfilled as and when due.”

He concluded by reiterating that “any narrative suggesting financial abandonment or exploitation by our organization is entirely false and misleading.”

 

 

 

 

 

 

 

Tags: Papa AjascoWale Adenuga
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Femi Ashaolu

Femi Ashaolu

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